Founder of DeFi protocol MakerDAO, Rune Christensen, published an article about their “Endgame” plan on the official governance forum on Wednesday (13th). It mentioned that MakerDAO will launch the first phase of the Endgame plan in the summer of 2024, introducing new tokens tentatively named NewStable and NewGovToken. Existing stablecoin Dai and governance token MKR will continue to exist, but users can choose to upgrade to NewStable and NewGovToken at their own discretion.
The release of the Endgame plan is expected to be carried out in two phases. First, the unveiling of a new brand, followed by the launch of NewStable and NewGovToken tokens one month later. It is expected that the new tokens will involve new staking and yield farming functions in the ecosystem. Rune Christensen wrote, “After the launch of the new tokens, MakerDAO will also introduce other new features, including the Lockstake Engine (allowing users to lock their MKR or NewGovToken for long-term risk/reward exposure) and a new low-cost cross-chain bridge that connects Maker ecosystem tokens from Ethereum to a yet-to-be-determined Layer 2 network.”
Christensen further emphasized the importance of Spark, which is Maker’s first SubDAO and is expected to have its own token. The forum article also pointed out that SparkDAO will further expand its functionalities, including real-world assets (RWA) and perpetual contract yields.
After the preliminary launch phase, MakerDAO’s Endgame plan will be completed in three more stages, with the expectation to expand the scale of Maker’s sub-DAOs and introduce new Layer 1 blockchains.
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