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No LOVE at Maker

No LOVE at Maker

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DeFi Education
Jul 12, 2022
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Welcome Avatar! One of the most important events in DeFi governance recently played out almost unnoticed outside of a small circle of elite MakerDAO participants.

The TLDR summary is that a business linked to several large MKR holders including the MakerDAO founder proposed several lengthy and complex 9 figure loan proposals, one of which was approved, despite objections from the head of an experimental Lending Oversight (LOVE) unit.

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