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10 May 2021

Maker Foundation returns dev fund to DAO amid path to decentralization

Maker Foundation returns dev fund to DAO amid path to decentralization


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In a May 3 blog post, the foundation notes that “no conditions or expectations” have been placed on MakerDAO regarding the returned tokens, with Maker Governance now having complete control over the tokens.

The announcement states that with the return of the development and the completion of recent technical contributions to Maker’s liquidation engine and its DAO’s core unit framework, the foundation will now focus on working toward its own dissolution to further decentralize the protocol:.

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