The Maker Endgame

Endgame is a holistic initiative fortifying Sky Ecosystem through governance and tokenomics enhancements; from Aligned Artifacts, like Atlas and Scopes, for governance alignment, to new tokenomics updates, like adjusted SKY burn and minting, to boost sustainability.

Latest Updates

Sky's Endgame is transforming to enhance growth, resilience, and accessibility, aiming to expand the SkyDollar supply significantly. It introduces sustainable token rewards, creating a dynamic and adaptable ecosystem. The plan includes launching new tokens, enhancing user experience with a new website and app, savings and rewards, and initiating a Lockstake Engine for governance engagement

Phase 1

Launch Season

Introduction of new tokens (NewStable and NewGovToken) and a new brand focusing on user-friendly access and sustainable yield farming through the SubDAO ecosystem. This phase aims for rapid deployment of core features to drive Dai usage growth.

  • New Beginnings:Unveiling a vibrant new brand and the revolutionary NewStable and NewFovToken.
  • Access Simplified:Launch of a user-centric website and app, making navigation through our ecosystem seamless.
  • Lock in Value:Introduction of the Lockstake Engine, fostering long-term participation and governance.
Important Links
Phase 2

Scaling Up

After the successful launch of key components, this phase focuses on vertical and horizontal expansion, including more SubDAOs catering to diverse interests and bridging to major L2s and L1s enhancing the ecosystem’s reach and capabilities.

  • Diverse Ecosystem:Expansion with more SubDAOs, each addressing unique market needs and interests.
  • Enhance Connectivity:Implementation of bridges to popular L2s and L1s, widening our reach.
  • Governance Evolution:SubDAOs gain autonomy, supported by innovative UI and AI tools.
Phase 3

NewChain

The transition to a standalone L1 blockchain, hosting core tokenomics and governance, marks a pivotal point for scalability and integration of real-world assets, DeFi, and cross-blockchain operations.

  • Introducing NewChain:Launch of a dedicated L1 blockchain to enhance the Maker ecosystem.
  • Ethereum and Beyond:NewChain's coexistence with Ethereum, supporting continuity and expansion.
  • Foundation for the Future:Strategic development of NewChain to ensure scalability and innovation.
Phase 4

Final Endgame

This phase signifies the completion of foundational governance mechanisms, leading to an immutable, dynamic, and ever-growing ecosystem, embodying the ultimate vision of MakerDAO’s Endgame.

  • Completion of Governance Mechanisms:Finalization and immutability of foundational governance structures.
  • Achievement of Ultimate Vision:Realization of a dynamic, ever-expanding ecosystem with a stable financial foundation.
  • Permanent Infrastructure:Establishment of a reliable, unchangeable infrastructure for future growth.
Endgame

Key Changes

On 24-Oct-2022 Maker Governance approved the Endgame proposal . This kicks off the biggest restructuring of MakerDAO since the dissolution of the Maker Foundation in June 2021.

Below are some key changes that will take place as a result of the transition.

Governance

Recognized Delegates
  • Aligned voter committees (AVC)
  • Aligned Delegates (AD)

Improved voter participation

Due to voter apathy within MakerDAO governance and DAOs more broadly, the DAO will transition from a model of recognized delegates to two groups consisting of aligned voter committees, and aligned delegates. MKR holders who are interested in Maker governance can now participate in voter committees of their liking to discuss policy with the relevant delegates.

Read More
  • View AVCs & Delegates on the voting portal
  • Overview of recognized delegates legacy budgets
Maker Improvement Proposals (MIPs)
  • The Maker Atlas
  • Five Scope Artifacts

Refocusing on core business activities

Before Endgame, Maker Improvement Proposals allowed any change to Maker Governance without much restriction or direction. The Endgame plan introduces the Maker Atlas which defines much better what the core business of the Maker Protocol is all about. It also introduces five Scope Artifacts which defines how Maker should operate within different operational areas.

Core Units
  • Ecosystem Actors
  • SubDAOs

Spinning out non-core business activities

A strategic shift to Ecosystem Actors and SubDAOs, replacing traditional core units. These actors, guided by Scope Alignment Artifacts, handle essential tasks across various domains. SubDAOs, as semi-independent entities, are linked to Maker Governance, streamlining operations and fostering innovation, decentralization, and growth in the MakerDAO ecosystem.

  • Core Unit
  • SPF budgeting
Project Based Budgeting

Renewed focus on delivering results

A shift from existing Core Unit and Special Purpose Fund budgeting methods to a Project-based approach. This change improves clarity and accountability by consolidating related deliverables under projects, thus establishing distinct ownership and a more focused orientation towards achieving measurable results.

DAI
DAI + NewStableToken

Extending the DAI brand

Strategic initiatives that leverage DAI's core strengths, such as stability and decentralization, to expand its presence and relevance in the wider cryptocurrency ecosystem.

MKR
MKR + NewGovToken

A better voter incentive model

The improved voter incentive model utilizes MKR and NewGovToken to encourage active participation and informed decision-making within MakerDAO's governance ecosystem, enhancing decentralized governance.

Endgame Budget Structure
1,642,500USD
Avg Budget Cap Utilization: 70.0%
Legacy Budget
Endgame Budget
0.00 (0.0%)
1.64M (100.0%)
Legacy Expenses

Composition of Budget

Budget Transition Status
2021
2022
2023
2024
2025
2026
Endgame-Budget Cap
Legacy-Budget Cap
Important Links
endgame.makerdao.com
forum.sky.money

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