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Why This Leading Contributor Exited Maker: The Bear Case Explained w/ PaperImperium

The Milk Road Show

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The Complexities of Maker Governance

This chapter explores Maker as a decentralized stablecoin issuer, examining its dual nature of being cash flow positive while facing serious governance challenges. It discusses the implications of the Endgame plan's controversial changes and critiques the recent launches of USDS and Sky tokens, reflecting on the evolving dynamics within Maker’s governance. The dialogue highlights issues of transparency, decision-making, and the struggle for diverse stakeholder representation in the governance structure.

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