MakerDAO, a decentralized finance (DeFi) protocol, is gearing up for its highly anticipated “Endgame” transformation. Co-founder Rune Christensen has outlined a five-phase plan aimed at scaling the platform for sustainable growth and resilience. This transformation seeks to position MakerDAO as a leading player in the DeFi space.
The first phase, slated for mid-2024, will involve hiring an external marketing firm to rebrand MakerDAO for a more user-friendly and engaging experience. The goal is to make savings fun through yield farming of new tokens from semi-autonomous “SubDAO” projects. Additionally, a token launch phase will introduce “NewStable” and “NewGovTokens” as optional upgrades for Dai and MKR tokens.
Once Phase 1 is successfully completed, MakerDAO will scale up with more SubDAOs and bridges to enhance its ecosystem. This phase, likely to commence in late 2024 or 2025, aims to further expand the platform’s capabilities and reach.
In Phase 3, MakerDAO will launch “NewChain,” a dedicated layer-1 blockchain designed to host the platform’s tokenomics. This move will enhance scalability and efficiency, positioning MakerDAO for long-term success.
The “Final Endgame” phase marks the culmination of MakerDAO’s transformation journey. During this phase, the platform’s core governance will become immutable, solidifying its position as a decentralized and resilient protocol.
MakerDAO’s “Endgame” transformation represents a significant milestone in the evolution of decentralized finance. By focusing on scalability, user experience, and sustainability, MakerDAO aims to become a key player in the DeFi ecosystem. With a clear roadmap and ambitious goals, MakerDAO is poised to shape the future of finance in the digital age.
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