Comments (2)
As long as the bridge is governance controlled, what's the difference between:
- Governance removing liquidity from L1Escrow
- Governance diluting L2DAI by minting an arbitrary amount of DAI
- Governance burning users' funds (what you brought up here)
In my opinion, there is not too much difference between these after all. The solution is always the same -- removing governance control over the construct. This will be possible to do (and always was planned) once we are done with moving MCD to L2.
from optimism-dai-bridge.
To be fair the point about burning is unique as single addresses can be targeted which is not the case with minting or stealing from everyone. Agree overall this is not a problem though as we will remove governance's ability to access the erc20 dai contract once MCD is deployed. At that point it should only be mint/burn able through the daiJoin
contract same as L1.
from optimism-dai-bridge.
Related Issues (3)
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from optimism-dai-bridge.