ChainCatcher news, MakerDAO founder Rune Christensen announced the latest update on his endgame plan "Endgame" in the governance forum, which will launch the first phase of Endgame, called "Launch Season," in the summer of 2024. During this phase, all major features of Endgame will be released rapidly and consecutively. The goal is to quickly achieve a fully functional virtuous cycle, where SubDAOs, token economics, new brands, and new user acquisition channels will work together to exponentially increase Dai usage.The specific plans for this phase are as follows:New brand unveiling: The first phase of "Launch Season" is the showcase of the new brand, which will last for one month. During this period, early adopters can register to receive a launch bonus that will increase their earnings when the new tokens become available.New token launch: One month after the brand showcase, two new tokens for the ecosystem will be available: NewStable and NewGovToken (the actual names will be shared during the brand showcase).After the new tokens are launched, the Lockstake Engine (LSE) will be initiated. The Lockstake Engine (LSE) encourages long-term participation in governance, allowing MKR and NewGovToken holders to lock their tokens for long-term commitments, thereby increasing their risk/reward regarding the protocol's success and providing greater motivation to participate in governance.New bridge launch: After the LSE is launched, the first version of NewBridge will be introduced, connecting NewStable, NewGovTokens, and other Maker ecosystem tokens from the Ethereum mainnet to major L2s (to be determined).Maker's first SubDAO, Spark.In addition to the first phase of Endgame, Christensen also mentioned three other phases: scaling, new chain (NewChain), and the final phase.

ChainCatcher news, Maker DAO founder Rune Christensen published an article titled "Exploring the Solana Codebase Fork Based on NewChain." Rune stated that the entire Maker protocol will be restructured in the final phase of Endgame and released on a brand new, independent chain, currently codenamed NewChain.Rune further stated that the final phase of Endgame is a significant long-term project that may take at least 3 years. The most important reason for using NewChain is that it will allow the ecosystem to quickly and seamlessly recover from the most severe governance attacks or technical failures.Rune mentioned that the Solana stack is the most likely codebase to be adopted by NewChain. Additionally, the Cosmos codebase is also a backup option.

ChainCatcher news, MakerDAO co-founder Rune Christensen announced the five phases of the Endgame update on the community forum, aimed at improving efficiency, resilience, and participation.Endgame creates a powerful governance balance by applying finely-tuned AI tools to open, scalable processes, enabling permissionless growth of SubDAOs and parallel product development within an emerging, community-driven ecosystem. The short-term goal of Endgame is to evolve into the largest and most widely used stablecoin project within three years.The first product release of Endgame will focus on establishing a new unified brand for the ecosystem and will launch a beta version within a few months. You can directly upgrade Dai and MKR to their new versions, NewStable and NewGovToken. The second phase involves the launch of the first six Maker SubDAOs and their NewStable token pools, with a larger supply of the new MKR, where 1 MKR is equivalent to 1200 NewGovTokens.The third phase will introduce governance AI tools. The fourth phase will initiate governance participation incentives. The fifth phase will launch NewChain (a new blockchain closely coupled with Ethereum), and once deployed, MakerDAO will permanently enter the Endgame state. (Source link)

ChainCatcher news, Maker founder Rune Christensen published a governance reform proposal titled "Endgame" on the governance forum, which was voted on and passed on March 27, with 76% in favor. The content includes the implementation of the Maker Constitution, governance participation incentives (2023), and the reuse of SubDAOs to simplify MakerDAO governance focus (2024).The Maker Constitution itself brings significant reforms to MakerDAO. For Maker, this proposal means the implementation of new details and strategies in the platform's long-term management, risk assessment, partnerships, voter and governance infrastructure, and asset management. (source link)