MakerDAO will offer an optional MKR conversion for the new governance token NGT
Bitget2024/08/23 12:32
Crypto lending platform MakerDAO will allow MKR holders to convert their tokens into newly issued NewGovToken (NGT) tokens, CoinDesk reports. Holders will be able to exchange 1 MKR token for 24,000 NGT tokens, which MakerDAO hopes will increase governance participation as users will hold a larger number of NGT tokens.
In addition to the launch of NGT, MakerDAO also announced NewStable (NST), a new stablecoin that will be tied to DAI 1:1. Both DAI and MKR will remain available and conversion will be optional.
0
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$67,547.34
+2.69%
Ethereum
ETH
$2,032.95
+5.76%
Tether USDt
USDT
$1
+0.01%
XRP
XRP
$1.43
+4.98%
BNB
BNB
$629.65
+2.50%
USDC
USDC
$1
+0.01%
Solana
SOL
$88.15
+7.79%
TRON
TRX
$0.2822
-0.17%
Dogecoin
DOGE
$0.09664
+3.45%
Cardano
ADA
$0.2881
+3.78%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now