The Maker Foundation, formally known as the Maker Ecosystem Growth Foundation, is a member of the Maker Community. The Foundation is comprised of team members who have dedicated themselves to the task of bootstrapping MakerDAO to fuel growth and drive the organization toward complete decentralization. While the Foundation provided development support for the DAO through the launch of Multi-Collateral Dai (MCD), it is currently spearheading efforts to decentralize further DAO development. MakerDAO governs the Maker Protocol by deciding on key parameters (e.g., stability fees, collateral types/rates, etc.) through the voting power of MKR holders. While the Foundation is a part of the Maker Community, MakerDAO consists of the whole Maker Community, plus the Maker Protocol (smart contracts, Dai, oracles, governance, etc.).