MakerDAO founder's plans to address climate change and pivot back to ETH

MakerDAO founder's plans to address climate change and pivot back to ETH


MakerDAO founder Rune Christensen has published an essay outlining measures that could be taken to make the protocol a vehicle for addressing climate change.

In a lengthy Oct. 5 post published to the MakerDAO governance forum, Christensen asserts that MakerDAO should strive to ensure that all of its collateral comprises “sustainable and climate-aligned assets that consider the long-term impacts of financial activity on the environment.”

Christensen asserts that the protocol’s collateral should be invested into sustainable real-world assets (RWAs) through senior credit positions in projects that build “solar farms, wind turbines, batteries, recharging stations and other cost-efficient renewable energy solutions, as well as their supply chains, sustainable resource extraction and recycling.” He further stated:

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“Today we already have everything we need to begin scaling our RWA exposure to hundreds

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