MakerDAO, the decentralized autonomous group (DAO) behind the Dai stablecoin and its associated Maker governance token, lately introduced a slew of deliberate updates to its ecosystem, together with a heavy concentrate on synthetic intelligence (AI) applied sciences and the deliberate growth of a brand new blockchain.
Starting with an improve to unify the group’s model, the brand new roadmap particulars a five-phase undertaking referred to as “Endgame.”
5 phases of Endgame.
Endgame has been outlined as an replace that employs AI instruments and open processes to boost effectivity, resilience, and participation.
A brand new publication on the Maker Discussion board outlines its roadmap, which incorporates the introduction of 5 main launch phases. pic.twitter.com/8GOkIfFADi
— Maker (@MakerDAO) Could 12, 2023
Per an official discussion board publish written by MakerDAO co-founder Rune Christensen, the primary part of Endgame will contain a “full rebrand” to unify the Dai (DAI) and Maker (MKR) manufacturers.
“Crucially,” writes Christensen, “Dai and MKR is not going to be altered.” MakerDAO intends to protect each tokens of their present type. Nevertheless, the group does intend so as to add two new tokens with up to date options that are being briefly known as “NewStable” and “NewGovToken.”
Christensen elaborated on this in a reply to a touch upon the publish:
“Dai will stay and would be the undisturbed OG stablecoin with no flashy options, and its liquidity will at all times be bootstrapped by the limitless 1:1 conversion to NewStable.”
Going ahead, the “key product launch of Endgame” will embody the eventual launch of six “Maker SubDAOs” and accompanying NewStable token farms.
The subDAOs shall be cut up between facilitator and allocator DAOs and, per Christensen, their function shall be to streamline the “workload and complexity that Maker Governance must handle.”
Associated: MakerDAO launches Spark Protocol, a brand new DeFi lending resolution for DAI customers
Part three of the roadmap is all about AI. MakerDAO intends to launch a number of inner AI instruments to optimize governance duties comparable to monitoring and information siloing.
Alongside the deliberate launch of the AI instruments, MakerDAO intends to enter the open-source AI growth house with a undertaking entitled “The Function Fund.”
Chistensen wrote that this initiative will promote and fund “free, open supply AI fashions and free AI instruments to assist socially impactful industries and tasks faucet into the effectivity features of AI and use it to realize extra self-sustainable affect.”
The fourth part of Endgame entails the event of an incentive program for ecosystem denizens referred to as the “Governance Participation Incentive.” This system will contain gamification and rewards to incentivize interactions on the MakerDAO platform.
Lastly, the group intends to create a proprietary blockchain at present known as “NewChain.” Slightly than changing the Ethereum blockchain at present underpinning the MakerDAO platform, NewChain shall be bridged.
In accordance with Christensen, “Which means that on Ethereum, NewStable and NewGovToken, in addition to Dai and MKR, will proceed to operate as regular, and the one change shall be that they are going to be protected by a governance backend that operates by way of a safe, cutting-edge bridge.”
Listed as the important thing function driving the implementation of the brand new blockchain is the power to make use of onerous forks as a governance mechanism within the occasion of energy assaults or abuse by majority holders.
