MakerDAO plots AI governance “endgame”

MakerDAO announced connected May 11 a governance exemplary that volition marque usage of artificial intelligence (AI) and diagnostic crypto tokens with a caller brand.

Founder aims for “governance equilibrium”

According to a forum station from MakerDAO laminitis Rune Christensen, AI tools volition make a “governance equilibrium” that directs development.

Many of the planned features volition beryllium linked to caller tokens intended to unite the Maker governance token (MKR) and the Dai stablecoin (DAI) nether a caller brand. Those caller tokens volition beryllium released successful the archetypal signifier of the program implicit the coming months, and users volition beryllium capable to upgrade their aged tokens optionally.

In the adjacent stage, Maker volition motorboat six SubDAOs. These volition beryllium liable for definite tasks delegated from MakerDAO and tin marque usage of AI. Users volition beryllium besides capable to workplace tokens from SubDAOs, though this volition not beryllium disposable to U.S. users.

Next, MakerDAO volition present caller governance tools that let users to summarize, verify, and make governance proposals with the assistance of AI. These features volition beryllium gated and accessible to those who clasp Maker’s caller tokens.

In the past 2 stages, MakerDAO volition motorboat governance information incentives and motorboat a caller blockchain that makes DAO’s halfway features immutable.

Maker aims to beryllium #1 stablecoin

Christensen said that done this roadmap, MakerDAO aims to go the “largest and astir wide utilized stablecoin project” successful conscionable 3 years.

That extremity is ambitious fixed the dominance of centralized stablecoins including USDT, USDC, and BUSD. Tether’s USDT stablecoin is the astir ascendant of those stablecoins, with a marketplace headdress of $82 cardinal and a 24-hour measurement of $20 billion.

DAI is nevertheless among the 5 largest stablecoins by some measures, arsenic it reports a marketplace headdress of $4.6 cardinal and a 24-hour measurement of $165 million. As specified it volition apt stay important adjacent if it does not overtake its competitors.

The station MakerDAO plots AI governance “endgame” appeared archetypal connected CryptoSlate.