Decentralized finance protocol MakerDAO (MKR) announced the launch of two new altcoins.
MakerDAO founder Rune Christensen by on the project’s official governance forum March 12 In a post published on, “EndgameA remarkable launch titled ” was featured.
The launch in question is the current official stablecoin of the network DAI and governance token of MKR It will aim to replace it with two new altcoins. According to the statement, the first phase of Endgame 2024 in the summer will start.
DAI and MKR will continue to function as they currently do, but users can use them if they wish. NewStable And to NewGovToken They will have the option to upgrade. As part of Endgame, new products will be added to the ecosystem in stages. staking And yield farming features will also be added.
The ecosystem will explore ways to ultimately differentiate Dai and NewStable, with Dai focusing on crypto-native use cases while NewStable will focus on mass adoption.
According to CoinGecko data, MKR took action with the team’s announcement and quickly 15% rising $2,519 from level 2,906 It climbed to the dollar.