MakerDAO Founder Claims “Absolutely Zero” Obligation to DAO Investors In Interview
We sat down recently with Rune Christensen, the founder of MakerDAO, to discuss The DAO’s collapse and the implications it will have for Ethereum and Cryptocurrency moving forward after the soft fork. He expresses doubts at the notion that the Ethereum community holds any obligation to The DAO and other interesting viewpoints from security to hard-fork consensus. Rune Has Faith in Ethereum, Not The DAO. So Rune, Can you give Us a little bit of background on Yourself, On Maker, and the Situation The DAO’s Collapse has put Maker in? “I’m the founder of Maker, which is an ethereum based DAO....
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On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good, but “the time is passing” and he believes Makerdao needs “to take the next step and begin integrating with the real world at scale.”
Makerdao Community Proposal Discusses Integrating Real World Assets Into the CDP Equation
A software engineer from the Makerdao team has....
According to a post on the MakerDAO Forum, the financial service protocol could replace its governance token MKR with a new token called stkMKR. The proposal was introduced to address the criticism around MKR’s tokenomics. Related Reading | Will Ethereum Give In To Bears? New MKR tokenomics could supplement and improve on previous benefits and incentives. The proposal emphasized that stkMKR will preserve MKR’s current burn mechanism and will allow users to claim their reinvest dividends and other payouts without spending funds on gas while keeping its tax efficiency. On previous....
MakerDAO Co-founder Rune Christensen has suggested the DeFi project utilize a fork of Solana’s codebase to build its proposed “NewChain.” Back in May, the MakerDAO announced its “Endgame” network update aimed at improving the protocol’s “efficiency, resilience and participation” via the formation of a “strong governance equilibrium.” The “NewChain” is a vital part of the […]
In a shocking turn of events, Nicolai Arcadie Muchgian, the 29-year-old co-founder of MakerDAO has been found dead. His death has shocked the crypto space that has been witness to a series of tweets that Muchgian had made days before his death. The tweets which levied serious accusations against powerful organizations are now being analyzed […]
As the bear market trend is getting more intense, many protocols and other crypto-related firms are making moves for survival. On its part, MakerDAO plans on a minimal risk investment strategy to raise revenue. The DAO is taking steps into traditional investments using the native DAI stablecoin. Currently, MakerDAO is undergoing a proposal voting for […]