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MakerDAO is a decentralized autonomous organization (DAO) built on the Ethereum blockchain that issues and manages Dai, a community-managed, decentralized, and collateral-backed stablecoin pegged to the US Dollar. Users can generate Dai by locking up collateral assets in Maker Vaults. MKR token holders govern the Maker Protocol, including setting stability fees, collateralization ratios, and approving new collateral types. MakerDAO is a foundational element of the Decentralized Finance (DeFi) ecosystem, aiming to provide a stable currency for the digital economy. The organization is currently undergoing a significant strategic evolution known as the 'Endgame Plan,' designed to enhance its resilience, decentralization, and scalability through the introduction of MetaDAOs and a potential new native blockchain.
The Maker Protocol and its governance are managed by a global community of MKR token holders and various contributors organized in Core Units or similar structures, transitioning towards MetaDAOs. Coordination occurs digitally through forums, governance portals, and communication platforms.
Globally accessible, transparent on-chain governance, censorship-resistant infrastructure. No physical building; its 'features' are its digital architecture and community.
Remote-first, globally distributed, community-driven, emphasizing open collaboration, transparency, and meritocracy. Contributors often work autonomously or in self-organizing teams aligned with the DAO's objectives.
Its decentralized operational model is fundamental to its mission of providing an unbiased and accessible stablecoin. This structure aims to ensure censorship resistance and global availability, aligning with core blockchain principles.
MakerDAO supports a global, permissionless financial system through its Dai stablecoin and decentralized governance protocol. Its community of users, developers, MKR holders, and contributors spans across numerous countries, collaborating digitally to maintain and evolve the protocol. The protocol itself is accessible to anyone with an internet connection and an Ethereum-compatible wallet, making its reach inherently global.
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Global (Decentralized Network)
Address: N/A (Decentralized)
To foster a global, diverse community of users, developers, and governance participants contributing to the Maker Protocol and ecosystem.
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As of April 2025, MakerDAO' leadership includes:
MakerDAO has been backed by several prominent investors over the years, including:
MakerDAO has been focused on its 'Endgame' structural transformation over the last 12 months, emphasizing decentralization and the shift towards MetaDAOs. This involves evolution in governance roles and Core Unit structures rather than traditional corporate executive hires or exits. Leadership and operational responsibilities are becoming more distributed.
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MakerDAO, as a decentralized organization, primarily utilizes its public forum (forum.makerdao.com), community chat platforms (like Discord), and official governance portals for communication and inquiries. There is no standardized corporate email system for general employees in the traditional sense. Contacting specific Core Units or for partnership inquiries might involve designated contact points, often found through community channels or specific project documentation.
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The Block • December 7, 2023
MakerDAO has launched SparkDAO, the first of its planned SubDAOs under the 'Endgame' initiative. SparkDAO will focus on the Spark Protocol, which offers lending and borrowing services, starting with Dai liquidity. This marks a significant milestone in MakerDAO's strategic shift towards greater decentralization and scalability....more
CoinDesk • September 1, 2023
Rune Christensen, founder of MakerDAO, proposed exploring the development of a new native blockchain, tentatively called 'NewChain,' for the Maker Protocol. The proposal suggests that this new chain could be a fork of Solana's codebase, aiming to enhance the protocol's efficiency, security, and governance capabilities as part of the final phases of the 'Endgame' plan....more
Blockworks • February 27, 2024
MakerDAO is considering a partnership with Morpho Labs to enhance DAI lending capabilities. This move aims to expand DAI's utility and market presence by leveraging Morpho's peer-to-peer layer on top of existing lending pools like Aave and Compound, potentially increasing capital efficiency for DAI lenders and borrowers....more
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