The Maker Foundation completely transfers all control of the governance token MKR to the governance community

The Maker Foundation announced that it has transferred all control of the governance token MKR to the governance community, which means that MKR holders are the only ones who can vote on future decisions for the network. MKR holders now have full control over the smart contract, allowing the governance community to vote on MKR token minting, destruction, and changes to their MKR contract permissions. Maker Foundation CEO Rune Christensen said, “By fulfilling our commitment to transfer MKR token contracts to MKR holders, the Maker Foundation will continue to move towards a completely self-sustaining MakerDAO. It is just the beginning. The community is ready to fully delegate power over the coming weeks and months. “