MakerDAO Announces AI-Powered Governance Model and New Tokens
MakerDAO recently unveiled a new governance model that utilizes artificial intelligence (AI) tools and introduces new crypto tokens under a new brand. Founder Rune Christensen aims to achieve “governance equilibrium” through this innovative approach.
In the first phase of the plan, MakerDAO will release new tokens that will combine the Maker governance token (MKR) and the Dai stablecoin (DAI) under a fresh brand. Users will have the option to upgrade their old tokens as these new tokens are introduced gradually over the coming months.
In the subsequent phase, MakerDAO will launch six SubDAOs to handle specific tasks delegated from the main DAO, utilizing AI capabilities. Users will also have the opportunity to earn tokens from these SubDAOs, albeit this will not be available to U.S. users.
Further down the line, MakerDAO will introduce new governance tools powered by AI to assist users in proposing, verifying, and generating governance proposals. These features will be accessible to holders of Maker’s new tokens.
In the final stages of the roadmap, MakerDAO plans to implement governance participation incentives and release a new blockchain that solidifies DAO’s core features.
MakerDAO Aims for Stability and Growth
With these advancements, MakerDAO is striving to become the leading stablecoin project within three years. Despite the current dominance of centralized stablecoins like USDT and USDC, DAI ranks among the top five stablecoins in terms of market capitalization and trading volume.
Although challenging, MakerDAO’s goal is to solidify its position in the stablecoin market and offer a decentralized alternative to existing options.
