<\/p>\n
Rune Christensen, MakerDAO\u2019s co-founder, suggested that a forthcoming appchain dedicated to the DeFi lending protocol could be built using the codebase of Solana.<\/p>\n
That new appchain is part of the so-called Endgame plan, as previously reported by Blockworks. The plan is intended to improve MakerDAO governance and ensure that the protocol itself becomes more self-sustainable. It\u2019s been in the works since May 2022, with the \u201cMaker Constitution<\/a>\u201d receiving approval earlier this year.\u00a0<\/p>\n Endgame itself is split into five phases. The final phase \u2014 Phase 5 \u2014 will deploy a new chain, now known as NewChain, as a hub for the backend tools supporting MakerDAO.\u00a0<\/p>\n Read more:<\/strong> Takeaways From MakerDAO\u2019s 5-phase Endgame Update<\/a><\/p>\n \u201cThe most important reason for why NewChain is needed, is that it will allow the ecosystem to use hard forks to gracefully recover from the most severe form of governance attacks or technical failures,\u201d Christensen wrote in an ecosystem discussion post on Friday<\/a>.\u00a0<\/p>\n \u201cAfter having researched all the different options available to act as the foundation for NewChain, I believe that the Solana stack is the most promising codebase to explore further,\u201d Christensen went on to write.\u00a0<\/p>\n He argued that the code is \u201cengineered well and benefits from being designed long after the bottlenecks and challenges of blockchains were already well understood.\u201d<\/p>\n If the MakerDAO community voted in favor of the proposal, Christensen suggested that a \u201csymbiotic relationship\u201d be formed between MakerDAO<\/a> and the existing Solana community.\u00a0<\/p>\n This could be achieved through maintaining an independent client or providing funding to the Solana<\/a> ecosystem, he said.<\/p>\n \u201cIt would be strategically beneficial to ensure there is a Two-Stage Gravity Bridge from NewChain to Solana alongside the bridge from NewChain to Ethereum<\/a>,\u201d he wrote. \u201cIt would also provide a useful boost to the network effect of the entire multichain economy.\u201d\u00a0<\/p>\n Aside from a Solana fork, Christensen argued that the only other contender for launching Maker\u2019s new app chain would be the Cosmos SDK.<\/p>\n The downside, he said, is that the Cosmos<\/a> ecosystem is not as efficient as Solana, which may make it more expensive to maintain over time.\u00a0<\/p>\n \u201cCosmos also doesn\u2019t have a strong central foundation organization like Solana has, which could be either a good or bad thing,\u201d Christensen wrote.<\/p>\n Get the day\u2019s top crypto news and insights delivered to your email every evening.\u00a0Subscribe to Blockworks\u2019 free newsletter<\/a>\u00a0now.<\/strong><\/p>\n Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can\u2019t-miss tweets and more from\u00a0Blockworks Research\u2019s Daily Debrief<\/a>.<\/strong><\/p>\n Can\u2019t wait? Get our news the fastest way possible.\u00a0Join us on Telegram<\/a>\u00a0and follow us on\u00a0Google News<\/a>.<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Rune Christensen, MakerDAO\u2019s co-founder, suggested that a forthcoming appchain dedicated to the DeFi lending protocol could be built using the codebase of Solana. That new appchain is part of the so-called Endgame plan, as previously reported by Blockworks. The plan is intended to improve MakerDAO governance and ensure that the protocol itself becomes more self-sustainable. […]<\/p>\n","protected":false},"author":2,"featured_media":147514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-147513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/147513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=147513"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/147513\/revisions"}],"predecessor-version":[{"id":147516,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/147513\/revisions\/147516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/147514"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=147513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=147513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=147513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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