Maker Decentralizes Governance, But is the Community Ready?

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Maker Decentralizes Governance, But is the Community Ready? The Maker Foundation has handed governance over the smart contract that underpins the MakerDAO (MKR) protocol to MKR token holders.Describing the move as the project’s "most significant step" toward decentralized governance, the foundation announced that a three month long transition of power to the community had been finalized. "The MKR token contract is now 100% in control of MKR holders," the foundation said.

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