September 23, 2020 Maker DAO declines Vault owner compensation.

As decided in a MKR token governance poll, MakerDAO will not compensate Vault owners for any liquidation losses brought about by the March market crash. Some hold that Vault owners were entitled to compensation because Maker oracles did not update price feeds in time, allowing liquidators to win triggered auctions with zero DAI bids. A related, ongoing lawsuit seeks $28 million in damages from the Maker foundation for misrepresenting investor risks.

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