Rune Christensen, MakerDAO’s co-founder, prompt {that a} forthcoming appchain devoted to the DeFi lending protocol might be constructed utilizing the codebase of Solana.
That new appchain is a part of the so-called Endgame plan, as beforehand reported by Blockworks. The plan is meant to enhance MakerDAO governance and be certain that the protocol itself turns into extra self-sustainable. It’s been within the works since Could 2022, with the “Maker Structure” receiving approval earlier this yr.
Endgame itself is cut up into 5 phases. The ultimate section — Part 5 — will deploy a brand new chain, now often called NewChain, as a hub for the backend instruments supporting MakerDAO.
Learn extra: Takeaways From MakerDAO’s 5-phase Endgame Replace
“An important motive for why NewChain is required, is that it’ll permit the ecosystem to make use of laborious forks to gracefully recuperate from essentially the most extreme type of governance assaults or technical failures,” Christensen wrote in an ecosystem dialogue publish on Friday.
“After having researched all of the completely different choices obtainable to behave as the muse for NewChain, I consider that the Solana stack is essentially the most promising codebase to discover additional,” Christensen went on to write down.
He argued that the code is “engineered nicely and advantages from being designed lengthy after the bottlenecks and challenges of blockchains have been already nicely understood.”
If the MakerDAO neighborhood voted in favor of the proposal, Christensen prompt {that a} “symbiotic relationship” be fashioned between MakerDAO and the present Solana neighborhood.
This might be achieved by way of sustaining an unbiased consumer or offering funding to the Solana ecosystem, he stated.
“It might be strategically useful to make sure there’s a Two-Stage Gravity Bridge from NewChain to Solana alongside the bridge from NewChain to Ethereum,” he wrote. “It might additionally present a helpful increase to the community impact of your entire multichain economic system.”
Apart from a Solana fork, Christensen argued that the one different contender for launching Maker’s new app chain could be the Cosmos SDK.
The draw back, he stated, is that the Cosmos ecosystem will not be as environment friendly as Solana, which can make it dearer to keep up over time.
“Cosmos additionally doesn’t have a powerful central basis group like Solana has, which might be both a superb or dangerous factor,” Christensen wrote.
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