Saturday, May 4, 2024
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MakerDAO passes new ‘constitution’ to formalize governance process

MakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has passed a new proposed “constitution” intended to formalize governance processes and help prevent hostile actors from taking over the protocol, according to the official forum page for the proposal.The Maker Constitution has been approved by Maker Governance.The Endgame

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Crypto Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward with Major Overhaul called ‘Endgame’ Plan

“While there are plenty of imperfections in the Endgame reforms and the constitutional processes, we are better off uniting around the clean slate those reforms provide and working to make the new Maker as dynamic and successful as possible,” delegate platform Frontier Research posted on Maker’s governance forum. Original Source

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MakerDAO Constitution Would Fund Sustainability Efforts With 20K MKR Tokens From Reserves, Emissions

On Twitter, in response to the 20,000 MKR being allocated to fight climate change, Moneysupply.eth, a risk analyst and governance contributor for several decentralized protocols, including MakerDAO, wrote, “So here’s a contrarian take: I am not convinced this specific initiative is the best path forward but [decentralized finance] desperately needs

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The Metaverse Needs a Constitution

If left unchecked, personal data mining and extraction in the metaverse could amount to the single most powerful surveillance mechanism ever invented. Through the metaverse and their contingent headsets, companies could harvest unimaginable amounts of eerie, biometric data. Before we allow ourselves, or our children, to run headfirst into this

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