Analyzing Mechanism No. 19: Is It Really Worth Participating?

The latest $MKR Mechanism No. 19 has just been launched, but I personally didn’t take part yesterday. Now, I’m questioning whether exiting at this stage is the right move.

The rollout of this new mechanism appears to be split into two phases, though it’s still unclear if the timeline is the same for everyone. If it is synchronized, that’s great. But if not, then early participants who meet the criteria might receive their rewards first—causing a spike in activity—while those joining in the second phase may just be left with scraps.

If the token price experiences a sharp drop, users with low scores might end up earning only a small amount, maybe just a few dozen USDT—barely enough to justify the risk and effort. Another concern is that the mechanism doesn’t seem to prevent large-scale account farming by studios. In fact, it might unintentionally make it easier for them to meet participation thresholds.

So, is Mechanism No. 19 really effective or fair? At the end of the day, that’s something the community will decide.