Maker Co-Founder Rune Christensen Dispels “Freeze Function” Rumors Ahead Of USDS Launch
Rune Christensen, co-founder of the recently rebranded Maker protocol, has clarified that there will be no “freeze function” added to the project’s new USDS stablecoin. “Actually there will be no freeze function at launch, there will just be an upgrade ability,” Christensen said in an Aug. 27 X post . With this upgrade ability, members of the project’s governance will be able to decide later how new functions will be implemented to protect against “as many risk factors as possible.” Crypto X Community Raises Centralization Concerns Christensen’s X post comes after the protocol faced backlash for a supposed “freeze function” in its new stablecoin. Some online observers also started to question the decentralization of the protocol. One X user that goes by the name “Tunez” asked his 155,000 followers whether the function would “completely defeat the purpose of the project.” maker is rebranding ...