MakerDAO’s Endgame: a bold plan for a Decentralized future

In an era of increasing economic and geopolitical uncertainty, MakerDAO, the pioneer of decentralized finance (DeFi), is preparing an ambitious plan to ensure its long-term survival and relevance. The Endgame Plan, as it’s called, is a three-phase roadmap aimed at transforming MakerDAO into a fully decentralized entity resistant to external threats.

The Three Phases of the Endgame:

1. Pigeon Stance: The Accumulation Phase In the first phase, MakerDAO behaves like a pigeon in the city, making the most of the favorable environment. During this period, which lasts about 2.5 years, the protocol accumulates as many resources as possible, particularly ETH, through its “Protocol Owned Vault”. This phase reflects the current situation of many DeFi platforms that are seeking to grow and accumulate resources in a still relatively permissive regulatory environment.
2. Eagle Stance: Detachment from the Dollar The second phase, called “Eagle”, sees MakerDAO take a more assertive position. In this phase, DAI could decouple from the dollar, becoming a floating currency. This step is designed to limit MakerDAO’s exposure to potentially seizable real-world assets (RWAs) to no more than 25%. This move reflects growing concerns in the crypto world about possible regulatory crackdowns, as we’re seeing with recent…