The answer to the question is that it does not seem too bad when compared to Bitcoin, and it is likely that Maker (MKR) holders were receiving their distributions on-chain. This is because Maker is a decentralized platform that allows users to manage their own funds, and it is possible for MKR holders to receive their distributions directly on the blockchain. This could be beneficial for MKR holders, as it would allow them to receive their distributions in a more secure and efficient manner. Additionally, since Maker is a decentralized platform, the distributions could be sent out faster and more reliably than if they were sent out through a centralized system.