The Maker Foundation, the organization charged with decentralizing the Maker protocol, today sent 84,000 MKR tokens worth approximately $480 million to MakerDAO. The protocol’s users will now decide what to do with the influx.
Maker Foundation, in truly decentralized fashion, is now gearing up to self-destruct by the end of this year, a sign that it views the project, governed by anyone who holds MKR tokens and uses them, as self-sustaining.
Perhaps as evidence, the price of MKR has surged 15% in the last 24 hours and is now worth over $5,700, according to data from Nomics.
The Maker Foundation Returns Dev Fund Holdings to the DAOhttps://t.co/2DN49TtApC
— Maker (@MakerDAO) May 3, 2021
MakerDAO is a decentralized autonomous organization, an online group with a flat structure that uses tokens as a way of voting on decisions. Maker was built atop the Ethereum blockchain as a way of allowing people to lend and borrow cryptocurrency with one another.
Maker is the most popular decentra
Źródło: https://decrypt.co/69817/maker-foundation-sends-480-million-makerdao-before-dissolves
