MakerDAO’s Endgame Draws Concerns
It’s just been reported that the community governance recently approved MakerDAO’s newly proposed constitution. It’s been also reported the fact that this is an important step toward Rune Christensen’s “Endgame” plan, an...
It’s just been reported that the community governance recently approved MakerDAO’s newly proposed constitution. It’s been also reported the fact that this is an important step toward Rune Christensen’s “Endgame” plan, and many changes can already be observed in the community.
Project’s EndgamePart of the project’s Endgame is to transition existing Maker core unit teams into metaDAOs, known also as subDAOs, which will each have its own governance token.
As part of the transition, MakerDAO’s existing protocol engineering core unit will disband by the end of the month and move into the new operations framework. Many engineers will also be leaving the team.
Sam MacPherson who is a protocol engineer at MakerDAO, explained to Blockworks that none of this should come as a surprise.
“Maker is undergoing a lot of changes to prepare for the next phase of decentralization. Rune’s Endgame plan has passed the governance vote, so Maker is being split into smaller DAOs,” MacPherson said.
“Naturally, this involves people shuffling around to different positions, some new people joining and some moving on to other things.”
As the online pubcalition Blockworks notes, in an interview with Blockworks, MakerDAO delegate Mika Honkasalo noted that it is difficult to determine whether Endgame will change MakerDAO in a way that makes the platform unrecognizable from what it once was, or if the DAO will simply continue to move forward.
“I think one of the things, if you read the Endgame materials, is that they’re very difficult to understand…it’s a wait-and-see process of understanding how much things actually will change,” Honkasalo said.
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