MakerDAO will launch new tokens NewStable and NewGovToken, NewGovToken will become the new governance token

Odaily News According to official x, MakerDAO will launch two new tokens: NewStable and NewGovToken. MKR holders will be able to upgrade their tokens to NewGovToken, the new governance token within the ecosystem. Compared with MKR, the total supply of NewGovToken has been strategically readjusted. During the upgrade process, each MKR will be converted into 24,000 NewGovToken. Aims to promote broader governance participation.