100% agree. It has been a mess as a product roll-out goes despite it’s obvious success with product-market fit.
My current understanding is @TokenBrice and the liquidity committee have given themselves until the end of the month to correct the peg (not looking great tbh).
Post that, we should come together with a more strategic and long term plan and also provide more visibility into the options for governance to think through. The current situation is obviously not ideal for the protocol or for users.
The liquidity committee received 406k in funding back in October for a 3 month period to manage this process. They have already spent 150k with minimal results. I would be interested to hear further post-mortem from that team once this month has ended and further information about what their plans are going forward with the remaining budget.