DAI Liquidation Event

[Dmitry]

Esteemed kybx86 has created a thread “Compensation Proposal: Distribute COMP to Affected Users in the DAI Liquidations” - I suggest everybody to move there, to that thread for the discussion of the specifics.

Compensation Proposal: Distribute COMP to Affected Users in the DAI Liquidations

Note: I’ve deployed the CAP for this proposal . If you support this, you can delegate to this address: 0x2f04664b18fb9b6d49124fcc876b52a4ba797718 Objectives: Following the first proposal to increase the DAI reserve factor with the goal of de-risking the DAI market and mitigating against future improper liquidations, this next step outlines the mechanics to compensate users for funds lost in the liquidation events of 11/26 by distributing 55,255 COMP (0.55% of total COMP supply) to affected u…