TechFlow news — MakerDAO founder Rune Christensen has published a post introducing a new project called "PureDai." The PureDai project is expected to launch in the coming years, although the exact timeline has not yet been determined. PureDai aims to realize an idealized vision for Dai by pursuing ultimate decentralization and stability. Below are the key features and design principles of PureDai:
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PureDai will adopt a freely floating target price, avoiding long-term pegging to the U.S. dollar to enhance its stability.
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It will only use proven decentralized collateral such as ETH and STETH, ensuring censorship resistance and seizure resistance.
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It will rely on a decentralized oracle system to ensure reliable price data.
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PureDai will implement a minimalist governance model with no budget and no contributors, preserving the system’s decentralization.
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It will offer continuous token incentives to drive stablecoin supply growth.
In addition, PureDai will launch a new governance token with an initial supply of 2 billion tokens, distributed over five years to NewStable users, and will support PureDai's growth through permanent token incentives.
