Maker Founder Proposes MetaDAOs and Synthetic $ETH in 'Endgame Plan'

The co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. The plan is the formation of MetaDAOs designed to tackle specific governance issues within the Maker ecosystem and alleviate congestion on the "slow and single threaded decision making process" that exists now. Each MetaDAO can be thought of like a subsection of MakerDAO, which would issue its own token and be governed by Maker participants interested in its particular goal. Christensen also proposes Maker launches a synthetic $ETH token called $MATH to take advantage of the Merge and generate more revenue with the lowest possible initial cost. $MATH fees could initially be set to 0% in order to incentivize its use, but eventually it could generate revenue for the protocol as synths have done for THORChain.