Posted Apr 12 2021 16:00 UTC | Poll ID 513

Petition Letter to a16z - April 12, 2021

Misc Governance
Forum Discussion

The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the MakerDAO Community. This Governance Poll will be active for three days beginning on Monday, April 12 at 16:00 UTC.

This is a binary vote.

  • You may vote for a single option.
  • You should vote for the option which you prefer.
  • If you would accept either option, you should vote 'Abstain'.


Please review the discussion thread to help inform your position before voting.

The community can vote in this poll to express support or opposition to the signing the following petition letter. The canonical version of this letter is on IPFS here. The contents have been pasted below for convenience.

Petition Letter

to the attention of the Andreessen Horowitz A16z Crypto team.

Following its investment thesis and its long term vision on DeFi, A16z crypto has invested in MakerDAO in September 2018. The involvement of A16z crypto brought a new level of excitement and credence to the MakerDAO community and has helped its development over the course of the last few years. Currently A16z owns the wallet with the third largest amount of MKR tokens and therefore owns more than 6% of the voting power in the MakerDAO governance system.

Since September 2018 MakerDAO has managed to achieve outstanding technical results, including the successful launch of multi-collateral DAI in 2019, and today is undoubtably one of the leading protocols in the DeFi space. This amazing growth has been enabled by an engaged decentralised community coordinated and supported by the Maker Foundation, a private organisation lead by Rune Christensen, one of the founders of MakerDAO.

As planned from the very beginning, however, the Maker Foundation is going to be dissolved soon. This event corresponds to a critical, historical and exciting moment for MakerDAO: the decentralised community will have to manage itself and its DeFi protocol successfully without relying on a single centralised organisation.

Since the beginning of 2021, the MakerDAO decentralised community has made significant steps towards decentralisation. Several Core Units, independent and focused groups of contributors paid by MakerDAO with the profits of the protocol, are being proposed, discussed and approved via the Governance process. But the path towards full decentralisation is hard, full of intricacies and is resource consuming. The help of all members of our decentralised community is now more needed than ever.

One of the key objectives of A16z crypto is:

``Put simply, our primary objective in governance is to create the conditions necessary for protocols to achieve long-term adoption and self-sustainability.''

For the above reasons, the MakerDAO decentralised community wishes to ask the full participation and support of A16z in this important moment. We'd be thrilled to be able to interact in a fully transparent way (forums, chats, onchain governance, etc), in the true spirit of DeFi, with the incredibly talented A16z Crypto team.

Specifically, we encourage A16z to:

  1. Participate in onchain governance and voting, using the 60k MKR tokens in their wallet.
  2. Through some chosen representative, participate actively in chat and forum discussions.
  3. Bring ideas and expertise to the community: legal, recruiting processes, marketing, communication, business opportunities, etc.
  4. Interact and challenge the existing and forthcoming Core Units to make sure they meet the highest standards of quality.

We, the MakerDAO decentralised community, are proud to have you onboard and can't wait to interact with you to keep developing our protocol and innovating in the DeFi space.

With best regards,

MakerDAO community


Regardless of the outcome of this poll, no actions will be taken at this time.


If you are new to voting in the Maker Protocol, please see the voting guide to learn how voting works, and this wallet setup guide to set up your wallet to vote.

Additional information about the Governance process can be found in the Governance section of the MakerDAO community portal.

To participate in future Governance calls, please join us every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.

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