Maker Founder’s Proposal: Implementing the Maker Constitution, Governance, Participation, and Incentives

According to reports, Maker founder Rune Christensen released a governance reform proposal called Endgame at the governance forum, which includes implementing the Maker Constitution, motivating governance participation (2023), and reusing SubDAO to simplify MakerDAO governance concerns (2024).

Interpretation of this information:

Maker founder Rune Christensen recently unveiled a proposal called Endgame during the governance forum, which aims to reform the governance structure of MakerDAO. The proposal primarily aims to address significant concerns and obstacles related to governance participation and simplify the entire process, making it more accessible to everyone.

One of the key objectives of the Endgame proposal is to implement the Maker Constitution. Doing this will help define the responsibilities of various stakeholders, establish clear lines of communication, boost transparency, and lay down a more defined framework for decision-making. The proposed constitution will be open to amendments and will serve as a guiding document that will govern the DAO.

Another significant aspect of the proposal is to motivate stakeholders to participate actively in governance. The proposed approach will offer incentives to encourage participation in voting and give users a greater say in the decision-making process. Increased participation has the potential to increase efficiency, bring more legitimacy to the decision-making process, and help build a stronger community.

Finally, the proposal discusses the reuse of SubDAO, which can simplify the MakerDAO governance process by streamlining it further. It aims to enable the creation of new sub-entities within the DAO while providing a framework to manage them effectively. Through the SubDAO process, additional governance mechanisms will become integrated into the DAO, with bespoke parameters specific to each community, potentially transforming the DAO’s structure.

In summary, Maker founder, Rune Christensen’s Endgame proposal for governance reform in MakerDAO consists of three significant elements: the implementation of Maker Constitution, encouraging governance participation, and the reuse of SubDAO to simplify the governance process. The end goal of these initiatives would be to make governance within MakerDAO more accessible, streamlined, and efficient.