Tl;dr: Constitute a Depeg Contingency Fund (DCF), coming initially from the DAO’s SPELL emissions budget and later on from other sources of revenue of the DAO, to step in and improve MIM peg and collateralisation in situations of extreme stress.
📖 Read more on the proposal: https://forum.abracadabra.money/t/aip-44-constitute-a-depeg-contingency-fund/4464