Maker Foundation returns dev fund to DAO amid path to decentralization

Cointelegraph

Published May 03, 2021 11:52PM ET

Updated May 04, 2021 01:40AM ET

The MakerDAO Foundation has returned 84,000 MKR tokens from its development fund to MakerDAO’s governance module, marking a milestone in the project’s path to decentralization.

In a May 3 blog post, the foundation notes that “no conditions or expectations” have been placed on MakerDAO regarding the returned tokens, with Maker Governance now having complete control over the tokens.

Continue Reading on Coin Telegraph