MakerDAO’s Endgame is a culmination of strategies that aim to reorganize MakerDAO as a more resilient entity from both internal and external variables. Reorganization of MakerDAO would imply changing the current organization structure and processes to create a self-sustainable ecosystem where the platform could operate independently and continue to grow without external support. Simultaneously, reorganization also allows for refined experimentation in the periphery of the ecosystem, such as the introduction of new collateral types and the exploration of new use cases for the Dai stablecoin. These experiments can help to further develop the platform and expand its capabilities while minimizing the risk of disrupting the stable functioning of the core. The aim of this reorganization would be to create a system which is robust, flexible and adaptive. With self-sustainability and controlled experimentation, MakerDAO could continue to evolve and attract new users, while maintaining its core functions.
The workforce is the human element of MakerDAO. It consists of SubDAOs, clusters, teams, and core units. The workforce is separate from the Maker Core, such as DVCs and delegates.
Governance refers to how MakerDAO is structured in the social ecosystem. Governance in a DAO is similar to that of a national government, upholding regulations and the structure of the political ecosystem. They are also heavily involved in the process of appraising new proposals that will benefit MakerDAO.
Collateral or product refers to assets that have value to MakerDAO. Collateral can come in two different forms: Decentralized Collateral and Real World Asset (RWA) Collateral. Decentralized collateral consists of ETH, MKR, MDAO, and miscellaneous tokens. Real World Asset Collateral consists of cashlike (centralized stable coins & bonds), clean money (renewable energy projects), physical resilient, and miscellaneous (WBTC) assets.
The core of MakerDAO is comparable to the core of the earth. It is the foundation of MakerDAO that is immutable or unchanging. The Core is a fail-safe structure that contains everything from governance to the code within the Maker Protocol.
The Maker Protocol codes for the smart contract architecture that runs the automatic on-chain functions of MakerDAO. These aspects include: smart contract that operate vaults, the minting of Dai, distribution of MKR tokens, and the voting portal.
The constitution is a set of irrefutable set of rules that defines governance, the different roles and functions of various internal bodies and how they interact, and codifies game theory. The constitution does so by penalizing an individual or group who go against the best interests of MakerDAO. It also defines what to do in “grey area” situations or disputes that require arbitration. Think of the Constitution as the next evolutionary step to the Maker Improvements Proposals (MIPS).
Constitutional Voting Committees consist of token holders and delegates. The interaction of these two bodies is similar to a political party and its chosen politician. The voters give the delegate the backing to vote on new proposals within MakerDAO governance.
Scopes are focus areas that define the interaction between the Maker Core and the workforce. Essentially, scopes are learned by actually creating a methodology behind the work done at MakerDAO. Endgame will define 12 different scopes that are broken down into: Primary, Secondary, and Tertiary scopes. This is due to the nature of working in teams, where one team’s failures can be siloed and contained without affecting other teams. Primary scopes are considered to be most important in running MakerDAO, and therefore, receive that most funding from the core.