Brief Overview:
• MakerDAO plans to launch PureDai, a fully decentralized stablecoin different from Dai.
• PureDai will only use decentralized assets such as ETH as collateral, avoiding the use of centralized assets.
• The new currency will not be pegged to the US dollar to promote true decentralization.
MakerDAO, the decentralized autonomous organization and the team behind the Dai stablecoin, has announced plans to launch a new stablecoin called PureDai.
The move, expected to take place over the next few years, aims to provide a fully decentralized alternative to the current Dai stablecoin, which relies on a combination of decentralized and centralized assets as its collateral.
Transition to pure decentralization
Rune Christensen, CEO and co-founder of MakerDAO, outlined the vision for PureDai. Unlike Dai, which is backed by a variety of assets including centralized assets like USDC, PureDai will exclusively use decentralized assets like Ethereum (ETH) and Lido-collateralized Ether (stETH) as collateral.
PureDai will run only on Ethereum's mainnet. It utilizes decentralized oracles to provide price feeds to prevent any single entity from manipulating its value. It will have a free-floating peg, meaning it may not be directly pegged to the U.S. dollar.
This design choice aims to enhance decentralization and resilience, catering to users who prioritize these principles over the stability of fiat-backed currencies.
“Future Dai users will have the opportunity to upgrade their Dai to PureDai, which is a return to the roots of the Dai concept,” Christensen said.
Once PureDai goes live, no further upgrades or changes will be required. It will be an immutable system that maintains its fully decentralized nature without the need for a permanent connection to MakerDAO. Dai holders can upgrade to PureDai, ensuring a smooth transition for those seeking pure decentralization.
MakerDAO’s Dual Path Strategy
In addition to PureDai, MakerDAO also plans to launch NewStable, another stablecoin designed to replace Dai. NewStable will focus on growth, yield, and resilience while maintaining the traditional USD peg. It also complies with regulatory requirements regarding real-world assets (RWA).
Unlike PureDai, NewStable will integrate with conventional financial systems, making it more suitable for mass-market adoption.
“Most of Dai’s use cases will be taken over by NewStable, which will focus on mass-market adoption and regulatory-compliant real-world asset backing,” Christensen said.
The dual-path strategy of introducing PureDai and NewStable provides users with a choice between fully decentralized and regulated, fiat-pegged options. MakerDAO expects that within a few years, all users and integrations will transition to PureDai or NewStable.
Conclusion:
This innovative move by MakerDAO marks an important development in the field of decentralized finance (DeFi). By launching PureDai and NewStable, MakerDAO not only provides diverse options for its user base, but also sets a new standard for the entire industry. The launch of PureDai specifically reflects the adherence to the principle of decentralization, while the design of NewStable meets a wider range of market needs and regulatory compliance.
With the gradual implementation of these two new stablecoins, it is expected to further promote the maturity and popularity of the DeFi ecosystem, provide users with safer and more flexible financial tools, and add a new dimension to MakerDAO's leadership in the cryptocurrency field. #MakerDAO #去中心化的稳定币 #DeFi
