Internal Power Struggle at MakerDAO: When Coding and Personal Interests Collide

Published on by Cointele | Published on

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Various views on how the platform should be managed led to the conflict of interest at the headquarters of MakerDAO. It all started with the fact that Andy Milenius, the company's chief technology officer, left the project, as reported by Cointelegraph on April 28.

The MakerDAO project is also a decentralized governance platform.

Chapter 2: Andy Milenius's departureWhat could have seemed as a routine error in code at the inception of MakerDAO turned out to be much more as the plot thickened with the sudden departure of Andy Milenius, the project's CTO, in early April.

According to Milenius, Richards was not only not familiar with the technical side of the project, but did not support the very idea of DappHub, the separate project led by the MakerDAO developers and initiated by Christensen to better manage the company's processes.

As the conflict inside the company smouldered further and involved new people, more and more people began to disagree with the way Christensen tried to take control of the decentralized autonomous organization, with the result that the main project developers from DappHub stopped cooperating.

Chapter 3: The oppositionThe charade of departures from the company's board has so far been focused on preventing the consolidation of power in the hands of Christensen.

According to Milenius, nobody accepted those binary options since they conflicted with the main idea of the decentralized company.

Members include former MakerDAO business development executive Ashleigh Schap, who proclaimed that they aimed to make the company more decentralized.

In particular, he acknowledged the mistakes he made while working as the MakerDAO COO and noted that, relying on the fact that all members of the company were acting out of good intentions, he did not take into account the growing disagreements of the staff of MakerDAO, instead of working under a single aegis.

The internal power struggle within the company remains the most worrying aspect of the entire conundrum surrounding MakerDAO. If the team continues the conflict, then these issues may soon eclipse any of the technical difficulties the company has - and the community may have the last say on the matter.

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