The Maker Decentralized Autonomous Organization (MakerDAO) is on track to approve a set of governance proposals. Somewhat controversially, these will enforce the anonymity of delegates.
As of Sunday afternoon, the proposals were well ahead in the poll with over 88% of votes in favor of approving the changes. The vote is set to end on Monday.
MakerDAO Backs Anonymous Governance
In the Maker ecosystem, MKR holders are eligible to vote on protocol changes. But they can also delegate their vote. These delegates function like politicians. The more MKR holders they can convince to hand over their votes, the more power delegates hold.
As part of changes to the MakerDAO voting mechanism championed by co-founder Rune Christensen, delegates will be banned from publicly revealing their identity. Any delegate found guilty of doing so would lose out on payments they normally receive.
What’s more, in order to help identify infringements of…
