MakerDAO passes new ‘constitution’ to formalize governance process

by Aurelia Butler 28 March 2023, 01:20 179 Views

According to the proposal’s text, a constitution is needed because the Maker Protocol “relies on governance decisions by humans and institutions holding MKR tokens,” which can “expose weaknesses and vulnerabilities that can result in the failure of the Maker Protocol or the loss of user funds.”

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Source: Cryptocurrency - investing.com

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MakerDAO passes new ‘constitution’ to formalize governance process

China spent $240 billion bailing out ‘Belt & Road’ countries – study

Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead

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