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Vitalik Buterin Sells All His MakerDAO (MKR) Tokens

After the publication of an article on the future of MakerDAO by its co-founder, Rune Christensen, Vitalik Buterin has decided to sell all of his MKR tokens. This decision is surprising, but certainly demonstrates the misunderstanding caused by Rune Christensen’s statement.

Vitalik Buterin Sells All His MakerDAO (MKR) Tokens

As a reminder, the MakerDAO protocol is receiving a lot of attention as it begins a new chapter in its history in the coming weeks. Indeed, with the implementation of the final stage of its ‘Endgame’ project, MakerDAO is preparing to re-implement its entire protocol on its own blockchain: NewChain.

There is still much to be done, particularly in the development of this blockchain. In fact, Rune Christensen recommends forking an open-source protocol to save time and money.

This is where the problem lies, as the preferred choice of the co-founder of MakerDAO is none other than the Solana blockchain. While he cannot make this decision himself, his intervention has caused surprise and even annoyance.

Learn more about: MakerDAO draws inspiration from Solana for the creation of its new blockchain

While Rune Christensen defends his idea by explaining point by point the reasons why Solana seems to be the most obvious choice, he faces mixed opinions from the MakerDAO community.

However, where anger is most palpable is within the Ethereum community. In his statement, Rune Christensen mentioned several alternatives to Solana, such as Cosmos, but he never seemed to consider Ethereum as a credible candidate for NewChain.

The most notable reaction comes from Vitalik Buterin, the co-founder of the Ethereum blockchain.

Having acquired 1071 MKR tokens in April 2018 and not having sold any MKR since April 2021, he has decided to sell all of his remaining 500 MakerDAO (MKR) tokens in response to Rune Christensen’s announcement.

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