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28 July 2021

Ethereum DeFi Pioneer Maker Foundation Is Shutting Down, DAO Will Take Over - Decrypt

Ethereum DeFi Pioneer Maker Foundation Is Shutting Down, DAO Will Take Over - Decrypt


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Ethereum DeFi Pioneer Maker Foundation Is Shutting Down, DAO Will Take Over.

Making good on a promise, Maker Foundation CEO Rune Christensen announced today that the Ethereum-based DeFi protocol he created is now in the hands of others.

The protocol they now completely run, Maker, is a popular decentralized finance (DeFi) product that enables people to lend and borrow cryptocurrencies.

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