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.
Beginning with an improve to unify the group’s model, the brand new roadmap particulars a five-phase venture 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 Forum outlines its roadmap, which incorporates the introduction of 5 main launch phases. pic.twitter.com/8GOkIfFADi
— Maker (@MakerDAO) May 12, 2023
Per an official discussion board put up written by MakerDAO co-founder Rune Christensen, the primary section of Endgame will contain a “full rebrand” to unify the Dai (DAI) and Maker (MKR) manufacturers.
“Crucially,” writes Christensen, “Dai and MKR will not be altered.” MakerDAO intends to protect each tokens of their present kind. However, the group does intend so as to add two new tokens with up to date options that are being quickly known as “NewStable” and “NewGovToken.”
Christensen elaborated on this in a reply to a touch upon the put up:
“Dai will remain and will be the undisturbed OG stablecoin with no flashy features, and its liquidity will always be bootstrapped by the unlimited 1:1 conversion to NewStable.”
Going ahead, the “key product launch of Endgame” will embrace the eventual launch of six “Maker SubDAOs” and accompanying NewStable token farms.
The subDAOs will probably be break up between facilitator and allocator DAOs and, per Christensen, their goal will probably be to streamline the “workload and complexity that Maker Governance needs to manage.”
Related: MakerDAO launches Spark Protocol, a brand new DeFi lending answer for DAI customers
Phase three of the roadmap is all about AI. MakerDAO intends to launch a number of inside 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 venture entitled “The Purpose Fund.”
Chistensen wrote that this initiative will promote and fund “free, open source AI models and free AI tools to help socially impactful industries and projects tap into the efficiency gains of AI and use it to achieve more self-sustainable impact.”
The fourth section of Endgame includes the event of an incentive program for ecosystem denizens referred to as the “Governance Participation Incentive.” The program will contain gamification and rewards to incentivize interactions on the MakerDAO platform.
Finally, the group intends to create a proprietary blockchain at the moment known as “NewChain.” Rather than changing the Ethereum blockchain at the moment underpinning the MakerDAO platform, NewChain will probably be bridged.
According to Christensen, “This means that on Ethereum, NewStable and NewGovToken, as well as Dai and MKR, will continue to function as normal, and the only change will be that they will be protected by a governance backend that operates through a secure, state of the art bridge.”
Listed as the important thing characteristic driving the implementation of the brand new blockchain is the power to make use of exhausting forks as a governance mechanism within the occasion of energy assaults or abuse by majority holders.