Rune Christensen, the founder of MakerDAO, has outlined a roadmap for Maker's controversial Endgame plan, which includes the rollout of a new stablecoin, a governance token, and a new blockchain. The proposal suggests redenominating the MKR governance token at a ratio of 1,200-to-1 and mobilizing surplus assets to provide on-chain liquidity for the new stablecoin
- MakerDAO is currently the second-largest DeFi protocol with nearly $7 billion total value locked, and DAI is the fourth-largest stablecoin with a capitalization of $4.7 billion.
- MakerDAO plans to launch its first six subDAOs during the second phase, each with its own tokenized governance and specific tasks such as user acquisition and maintaining decentralized frontends.
- Incentives for long-term governance participation will be introduced through a "Sagittarius Lockstake Engine" in phase four, allowing token holders to delegate voting power to an AI-informed governance strategy.
- MakerDAO will launch on an Ethereum-secured Appchain in the final stage of the Endgame, providing an additional level of governance security and enabling easier recovery from governance disputes.
