MakerDAO to launch new tokens NewStable and NewGovToken
MakerDAO stated on Platform X that it will be launching two new tokens, NewStable (NST) and NewGovToken (NGT).MKR holders will be able to upgrade their tokens to NewGovToken, the new governance token within the ecosystem. The total supply of NewGovToken has been strategically realigned compared to MKR. During the upgrade process, each MKR will be converted into 24,000 NewGovTokens. designed to facilitate broader governance participation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gold: Higher yields cap recovery prospects – OCBC
LG Display Likely to Face Earnings Pressure From Stronger Won, Higher Input Costs -- Market Talk
PC Connection Insider Sold Shares Worth $1,218,444, According to a Recent SEC Filing
British Pound rebounds from July 30 lows vs retreating USD as traders await BoE decision
Crypto prices
More
