MakerDAO has unveiled new versions of its DAI stablecoin and MKR governance token, named NewStable (NST) and NewGovToken (NGT) respectively. The upgrade is optional, with DAI and MKR remaining available unless governance decides otherwise. Users can swap DAI for NST at a 1:1 ratio and revert anytime. DAI will focus on crypto use cases, while NST targets mass adoption. MKR can be exchanged for NGT at a 1:24,000 ratio to encourage broader governance engagement. The upgrade, proposed by co-founder Rune Christensen, aims to address the Stablecoin Trilemma by focusing on mass adoption and regulatory compliance. NewStable will introduce a freeze function for regulatory certainty. Despite NST's implementation, DAI will lose its yield offering. The tokens are part of MakerDAO's 'Endgame' plan for enhanced governance and tokenomics. The plan includes sub-DAOs for specific matters and aligned voters for high-level decisions. Read more AI-generated news on: https://app.chaingpt.org/news