MKR's DAI stablecoin is thriving, reaching 5 million units! ๐๐ But they aren't stopping there. MKR's "End Game" plan includes a brand refresh and new tokens, including new stablecoins.
While DAI is a major player, it faces challenges. Minting requires collateral and yields aren't always the highest. To stay competitive in the growing stablecoin market (projected to hit $2.8 trillion in 5 years!) ๐๐ฐ, $MKR might be looking to diversify.
New stablecoins could offer:
(1) Easier minting without locking up assets
(2) Higher yields to compete with rivals
(3) Special features for specific uses within the MakerDAO ecosystem
These new coins could address DAI's limitations and help MKR stay ahead in the DeFi race. #BullorBear #MKR #sui
MakerDAO or stablecoins fan?? you should read our recent article: ๐ Link