
The Endgame Plan is evolving quickly and weirdly over at Maker.
After adding vanilla t-bills and accounts payable on the blockchain, a new proposal is aimed at adding tokenized uranium to the blockchain.
''re in it to win it,'' they said.
As for the maker team, well, anything's possible for a DAO right?
Maker founder Rune Christensen whipped up the above-mentioned Endgame Plan to generate as much revenue as possible through yielding real-world assets.
At least per the plans laid out, this revenue would then, at least per the plans laid out, be converted to Ethereum.
The fear of government captured by Maker's massive censorship-resistant treasury, is that Maker's stablecoin would be immune to government capture.
Both ideas - tokenizing a volatile element and then using it to back crypto dollars - are kinda nuts.
The second is nuts because it describes real, nuclear-grade uranium, according to the proposal and the project's marketing materials.
The project will also issue a redemption mechanism in the form of recouping one pound of Uranium behind each token.
When asked about the redemption process on Twitter, the project said that individuals who are licensed and'meet the minimum threshold' can have that uranium shipped to their house.
The minimum minimum threshold, per Uranium3o8, means holding a minimum of 20,000 uranium-backed tokens- which, per Uranium3o8, also represents 20,000 pounds, or 10 tons, of actual uranium.
Uranium3o8's spokeswoman said it's not responsible for the shipping of the live uranium. Instead, they have been tapped by a Canadian mining firm called Madison Metals.