MakerDAO Foundation Plots Its Own Demise

MakerDAO founder Rune Christensen told CoinDesk late last year that the MakerDAO Foundation had two years left before its planned obsolescence.

It sounds like it may take a bit longer but recent moves suggest the organization really is serious about shutting down. 

First, it turned control of the supply of undistributed governance tokens, MKR, over to MKR holders at large. Then on Thursday, Christensen detailed a three-plank plan that would get community governance to the point where MakerDAO users wouldn’t even notice when the foundation shuts its doors.

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