Money 2.0 Stuff: This newsletter needs 2-of-3 multi-sig to publish

This week, The Block’s Frank Chaparro uncovered a major story outlining a number of ongoing governance issues with MakerDAO:

Maker DAO, a non-custodial lending protocol that produces decentralized stablecoin Dai, has witnessed a faction break out in recent months to prevent the consolidation of power around its original founder Rune Christensen, those sources say. The aim of the faction, dubbed the Purple Pill, whose membership includes Business Development executive Ashleigh Schap, aimed to make the entity more decentralized.