DeFi platform MakerDAO will introduce AI tools that will form the basis for creating a new blockchain. This follows from review a five-stage roadmap called end game.
The beta version will appear in the next few months.
“The update will improve efficiency, sustainability and community engagement by applying AI in open, scalable processes. As a result, unlimited growth of subDAO and concurrent product development in an emerging community-driven ecosystem”, – says the description.
The short-term goal of MakerDAO is to achieve DAI status as the largest and most widely used stablecoin, the long-term goal is to create conditions for accelerating growth to any level of scaling without risking sustainable equilibrium in governance.
“Endgame will streamline and parallelize the Maker ecosystem by launching a new unified brand identity and six new subDAOs. The latter will lead to the introduction of innovations without restrictions and the distribution of collateral”, Rune Christensen, co-founder of MakerDAO, said.
According to him, the update will eventually lead to the deployment of a new, closely related to Ethereum, blockchain. At the same time, the security of ecosystem management will increase and a full range of advanced features and tokenomics will be implemented.
The first step within Endgame over the next few months will be to create a unified brand for the ecosystem.
DAI stablecoin and MKR utility token may get new names (NewStable and NewGovToken are currently working versions). They will be upgraded to newer versions.
NewStable will be “an ERC-20 wrapper of the same basic stablecoin as DAI”, NewGovToken will be “a rebranded version of MKR with a larger offer”.
Christensen explained the need for rebranding of assets by the lack of a single holistic concept. According to him, the transition to Endgame is “the perfect time to fix this fundamental problem.”
In the second phase, six subDAOs will be launched, which will function as “decentralized specialized units within the MakerDAO.” It is supposed to eliminate and delegate the costs and complexities associated with day-to-day operations.
At the third stage, developers will integrate AI tools for monitoring and improving management, and at the fourth stage, they will launch a management incentive program.
At the final stage, a new blockchain will be introduced with the current base name New Chain.
New Chain will use hard forks as control mechanisms.
Optimization features will be built into the blockchain “as a backend for AI-enabled DAO governance processes. Artificial intelligence will also be applied to generate smart contracts, lease state, and capture MEVs.”
“The launch of NewChain will be the final step in the Endgame launch process. Once this happens, MakerDAO will forever enter a state where no further major changes are possible, and its core processes and balance of power remain forever decentralized, self-sufficient, and unchanged.” Christensen said.
Recall that on May 9, MakerDAO developers launched the Spark Protocol, a liquidity market based on the DAI stablecoin and assets backing the DeFi platform.
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DeFi platform MakerDAO will introduce AI tools that will form the basis for creating a new blockchain. This follows from review a five-stage roadmap called end game.
The beta version will appear in the next few months.
“The update will improve efficiency, sustainability and community engagement by applying AI in open, scalable processes. As a result, unlimited growth of subDAO and concurrent product development in an emerging community-driven ecosystem”, – says the description.
The short-term goal of MakerDAO is to achieve DAI status as the largest and most widely used stablecoin, the long-term goal is to create conditions for accelerating growth to any level of scaling without risking sustainable equilibrium in governance.
“Endgame will streamline and parallelize the Maker ecosystem by launching a new unified brand identity and six new subDAOs. The latter will lead to the introduction of innovations without restrictions and the distribution of collateral”, Rune Christensen, co-founder of MakerDAO, said.
According to him, the update will eventually lead to the deployment of a new, closely related to Ethereum, blockchain. At the same time, the security of ecosystem management will increase and a full range of advanced features and tokenomics will be implemented.
The first step within Endgame over the next few months will be to create a unified brand for the ecosystem.
DAI stablecoin and MKR utility token may get new names (NewStable and NewGovToken are currently working versions). They will be upgraded to newer versions.
NewStable will be “an ERC-20 wrapper of the same basic stablecoin as DAI”, NewGovToken will be “a rebranded version of MKR with a larger offer”.
Christensen explained the need for rebranding of assets by the lack of a single holistic concept. According to him, the transition to Endgame is “the perfect time to fix this fundamental problem.”
In the second phase, six subDAOs will be launched, which will function as “decentralized specialized units within the MakerDAO.” It is supposed to eliminate and delegate the costs and complexities associated with day-to-day operations.
At the third stage, developers will integrate AI tools for monitoring and improving management, and at the fourth stage, they will launch a management incentive program.
At the final stage, a new blockchain will be introduced with the current base name New Chain.
New Chain will use hard forks as control mechanisms.
Optimization features will be built into the blockchain “as a backend for AI-enabled DAO governance processes. Artificial intelligence will also be applied to generate smart contracts, lease state, and capture MEVs.”
“The launch of NewChain will be the final step in the Endgame launch process. Once this happens, MakerDAO will forever enter a state where no further major changes are possible, and its core processes and balance of power remain forever decentralized, self-sufficient, and unchanged.” Christensen said.
Recall that on May 9, MakerDAO developers launched the Spark Protocol, a liquidity market based on the DAI stablecoin and assets backing the DeFi platform.
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