The Endgame Plan is a comprehensive plan to reform Maker, with the most important change being to split the DAO into small parts called SubDAOs, each of which takes on a specific task and generates a corresponding governance token. This plan is to help the project find a new direction for development after facing many issues that threaten the sustainability and stability of Maker as well as stablecoin DAI. Additionally, with Endgame, MakerDAO also aims to turn DAI into a fully decentralized stablecoin, independent of other centralized stablecoins like USDC and capable of keeping its price stable.
In the latest update posted by Maker founder Rune Christensen on May 12, 2023, MakerDAO founder outlined 5 implementation phases for Endgame in the next 3 years, including: Phase 1: Launch the beta version, merging the Maker and Dai brands into one, and launching two new ERC-20 tokens, which are the protocol's new governance token and stablecoin and allow users to convert MKR tokens and DAI to these two types of tokens is completely free and unlimited. Phase 2: Launching the first 6 SubDAOs, including 2 FacilitatorDAOs and 4 AllocatorDAOs. Each SubDAO takes on a separate function to streamline MakerDAO's development engine. Phase 3: Introducing a governance toolkit using AI, helping governance token holders easily monitor project performance without requiring technical knowledge or a high level of understanding. Phase 4: Provide incentives to participate in governance. Users can lock new governance tokens into the Sagittarius Lockstake Engine (SLE) to participate in governance and receive revenue rewards from new stablecoins or SubDAO tokens. Conversely, SubDAO token holders can also lock this token to receive new governance tokens. Phase 5: This is the final phase of the Endgame plan with the goal of creating a private blockchain for Maker. This new blockchain will support both the governance mechanism through SubDAO and the staking of MakerDAO's network.
With this updated roadmap and focus on RWA I believe here is a potential project we should keep an eye on in the next bull run Show Less
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