Home Finance MakerDAO adopts new “structure” to formalize governance course of

MakerDAO adopts new “structure” to formalize governance course of

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MakerDAO adopts new “structure” to formalize governance course of

MakerDAO, the decentralized autonomous group that governs the Dai (AID) stablecoin, a cross a proposed new “structure” meant to formalize governance processes and stop hostile actors from taking management of the protocol, based on the proposal’s official discussion board web page.

In line with the textual content of the proposal, a structure is vital as a result of the Maker Protocol “depend on governance choices made by people and establishments holding MKR tokens”, which can “expose weaknesses and vulnerabilities that would trigger the Maker Protocol to fail or lose funds of customers”.

Proceed studying on Coin Telegraph

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