MakerDAO announces final phase of 'Endgame,' highlights Solana codebase

MakerDAO has devised the final phase of its multistep "Endgame" plan designed to create a series of independent subDAOs that live within the larger ecosystem.

In a post from MakerDAO co-founder Rune Christensen, the executive said the organization had decided the final phase of "Endgame" will be the "complete reimplementation of the entire Maker MKR -3.33% Protocol built natively on a new, stand-alone blockchain," called NewChain.

Christensen took to X (formerly Twitter) on Friday to announce the development. "The last phase of Endgame is the launch of a native blockchain for Maker with the codename NewChain," Christensen said. "It will make the ecosystem more secure and efficient."

"Endgame" is MakerDAO's ambitious plan to create an "emergent, community-driven ecosystem" with robust growth and innovation. With the strategy, MakerDAO wants to grow the supply of dai, an Ethereum ETH -0.93% -based stablecoin.

"The short term objective of Endgame is to grow the dai supply to more than [$100] billion within three years," MakerDAO has said. Dai DAI -0.10% 's supply and market cap is currently far from that goal at $3.9 billion, according to The Block Research data.

The first of five endgame phases is slated to begin early next year with a "beta launch" that will involve a product launch focused "on establishing a new unified brand for the ecosystem."

Earlier this year, MakerDAO approved a constitution which introduced "Endgame." The plan is meant to offer guidance on a variety of platform related functions pertaining to overall stability, decentralization and risk, frontend governance, voter committees and delegates, and more.

Solana's promise

Christensen also said that the "Solana SOL -3.30% codebase should be considered as the basis for NewChain." The co-founder's post included a link where Christensen goes into more detail regarding the preference for Solana. 

"After having researched all the different options available to act as the foundation for NewChain, I believe that the Solana stack is the most promising codebase to explore further," Christensen wrote.