The MakerDAO community has passed a series of MIP governance proposals for governance reforms

The MakerDAO community has voted through a series of MIP governance proposals outlining how Maker will operate and make decisions in the future. The approved proposals include a "constitution" of Maker's guiding principles written by Maker founder Rune Christensen, which lays the foundation for the protocol's governance, development, and reserve investment; also includes breaking down the DAO's current structure into smaller units called SubDAOs; Increase platform revenue by investing a portion of Maker’s over $7 billion in reserves in real-world assets and money market funds, and further decentralize support for the DAI stablecoin, making it more resistant to censorship and sanctions, also plans to establish a constitutional electorate committee ( CVC), Constitution Delegate (CD) and Conservator of the Constitution (CC) to reorganize the governance of the DAO.