5min chapter

I Pledge Allegiance cover image

MonetSupply - Perspectives on MakerDAO Governance

I Pledge Allegiance

CHAPTER

Delegation Shifts a Good Thing

The founder of maker dao worked on the project for five or maybe even almost six years since i believe 2015 or 16 is when he started. He's taking a step back in 2021 when the foundation was dissolved and funds were returned to the dao. The end game plan is trying to solve for that in a sustainable way through mechanism design, basically creating this complex system where everyone is acting out of their own self-interest but it all fits together in a way that supports the long-term health and sustainability of the dal.

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