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MakerDAO Splits in Two Over Founder’s ‘Endgame’ Proposal

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MakerDAO is moving a step closer to its “Endgame.” After a majority vote on Monday in favor of introducing eight Maker Improvement Proposals (MIP), DeFi’s unofficial central bank will launch so-called MetaDAOs and activate a new vault to generate more revenue for the protocol. But besides moving forward one of the project’s largest restructurings in its history, the move has created two opposing factions within the DAO: MetaDAOists and Constitutionalists. The former are in favor of the Endgame plan, the brainchild of Maker co-founder Rune Christensen, while the Constitutionalists are o ...

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