MakerDAO, the largest decentralized finance lender and issuer of the $5 billion DAI stablecoin, is undergoing a major overhaul called Endgame. As part of this overhaul, MakerDAO co-founder Rune Christensen said Friday that the platform’s future native blockchain should be built using the codebase that underpins Solana (SOL), a network designed to provide high-speed performance. Christensen cited the codebase’s technical quality, its resilience by having gone through the FTX blowup, and already functioning examples as reasons for his endorsement. He also mentioned Cosmos as the other main contender.
The NewChain, as the bespoke blockchain is codenamed for the time being, would connect all SubDAOs and make the MakerDAO ecosystem more resilient to governance attacks and technical failures. Christensen said the project would likely take at least 3 years.
The endorsement is a symbolic win for the Solana ecosystem, which was badly wounded by the collapse of FTX and Sam Bankman-Fried’s downfall. Anatoly Yakovenko, co-founder of Solana Labs, posted on X (formerly Twitter) following Christensen’s comments, The more code reuse we have across all ecosystems the faster everything grows.
Some community members, however, have pushed back against Christensen’s idea, requesting more information about his research or pitching other solutions. Hasu, a prominent crypto researcher, asked, Solana and Cosmos are the only options? What about an EVM-based rollup? Tosh9.0, a long-time community member, questioned, If Coinbase can deploy its own chain on a layer 2 (BASE), why not Maker?