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>Introduces two new tokens to the revamped ecosystem under the codenames “NewStable” and “NewGovToken”.
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>“NewStable” will be a new ERC20 wrapper of the same underlying stablecoin as Dai. It’ll have more DEX liquidity than Dai and reward-distributing platforms. Dai users will be able to upgrade to “NewStable”, or unwrap back to Dai, 1:1, instantly and in unlimited quantities.
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>“NewGovToken” will be a redenominated version of MKR with a larger supply. It will be obtained by upgrading MKR at a 1:1200 ratio and will have token-gated access to governance AI tools and governance participation rewards.
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>Phase 2: SubDAO Launch. With the launch of 6 Maker SubDAOs and their “NewStable” token farms, MakerDAO is set to streamline its workload and complexity, making governance more efficient than ever before.
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>SubDAOs are the born-decentralized, specialized divisions within MakerDAO. With their own unique governance processes, they enable rapid parallelized growth, specialization, and decision-making. This is a game-changing development for MakerDAO and the DeFi space as a whole.
Rest are AI-related.
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