TechFlow reports that MakerDAO has announced the launch of two new tokens—NewStable (NST) and NewGovToken (NGT).
The NewStable token will be available to both new users and existing Dai holders. NST holders will be able to participate in mining from launch to earn NGT. A total of 600 million NGT will be distributed annually to NST holders participating in mining. The official name for NST will be revealed during a new brand launch.
After transitioning to the updated tokens, you'll gain access to the latest features of the next phase of the Maker ecosystem, though you may still choose to continue using Dai and MKR. The new ecosystem will introduce new mining products and collateral engines to enhance user participation. Stay tuned to the Maker forum for updates.
