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b"The height of the last bull run was when MakerDAO cofounder Rune Christensen felt most disillusioned by DeFi and DAOs. \\u201cI didn\\u2019t even see how Maker was going to survive,\\u201d Christensen tells Laura Shin in the latest episode of Unchained. Now Christensen is leading an effort to help DAOs escape their trough of disillusionment. He says the ambitious \\u201cEndgame Plan\\u201d for MakerDAO seeks to overcome \\u201cthe central issue of voter apathy.\\u201d Will it work or are DAOs doomed to fail?\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\\nShow highlights:\\n\\nthe disillusionment that comes with the growth of DAOs and the need for a new approach\\n\\nRune\\u2019s insights into the challenges that most DAOs face\\n\\nhow Maker plans to implement alignment engineering through tools, gamification, and incentives\\n\\nwhat each phase of Maker\\u2019s \\u201cEndgame Plan\\u201d seeks to accomplish\\n\\nthe strategy behind Maker\\u2019s rebranding, including the launch of new tokens while maintaining MKR and DAI\\n\\nthe importance of governance boundaries in ensuring that participants follow the rules and contribute constructively\\n\\nthe goal to reach a state of ossification and certainty, similar to Bitcoin\\n\\nthe challenges of renaming tokens and the decision to keep the original brands\\n\\nwhy Rune believes that Phase 2 of the Endgame Plan will change the industry\\n\\nhow SubDAOs will work to align incentives, improve the organization, and avoid ponzi schemes\\n\\nwhat Maker\\u2019s \\u201cAtlas\\u201d is and how it intends to set boundaries\\n\\nhow Maker plans to use artificial intelligence\\xa0\\n\\nthe role of delegates in the DAO and how users choose them\\n\\nthe difference between \\u201cdovish\\u201d and \\u201chawkish\\u201d governance\\n\\nwhat the motivation was for launching the Spark lending protocol\\n\\nwhy the DAI Savings Rate (DSR) is not offered to American investors and Rune\\u2019s take on DeFi regulation\\n\\nwhy South Korea and Japan are the best crypto environments in the world, according to Rune\\n\\nwhether Maker should be doing more to mitigate the influence of \\u201cwhales,\\u201d given that Rune owns about 10% of the MKR supply\\n\\n\\nThank you to our sponsors!\\n\\nCrypto.com\\n\\nArbitrum Foundation\\n\\nTOKEN2049\\n\\nGuest:\\n\\n\\nRune Christensen, Cofounder of MakerDAO\\n\\nPrevious appearances on Unchained:\\n\\nRune Christensen of MakerDAO Part 1: How to Keep a Crypto-Collateralized Stablecoin Afloat\\n\\nRune Christensen of MakerDAO Part 2: How Dai Stayed at $1 While ETH Crashed From $1,400 to $85\\xa0\\n\\nThe Chopping Block: How to Manage MakerDAO, With Hasu and Rune\\n\\nRune Christensen of MakerDao on Its $15 Million From Andreessen Horowitz\\n\\nWhy It's so Hard to Keep Stablecoins Stable\\n\\n\\nLinks\\n\\nUnchained:\\xa0\\n\\nMakerDAO: The DeFi Protocol That Lets You Be Your Own Banker\\n\\nMakerDAO\\u2019s Spark Protocol Blocks VPN Users\\n\\nMakerDAO to Raise DAI Yield Amid Lower Demand for Stablecoin\\n\\nMaker Founder Proposes Changing DAI Savings Rate to 5%\\xa0\\n\\nThe Defiant: Christensen Drops Radical Plan to Remake MakerDAO and Address 'Fundamental Problems',\\n\\nChristensen\\u2019s Twitter thread explaining Endgame\\n\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"