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MakerDAO will launch the first phase of Endgame in the summer, which will release new tokens, Lockstake engine and all major features

MakerDAO will launch the first phase of Endgame in the summer, which will release new tokens, Lockstake engine and all major features

CointimeCointime2024/03/13 01:28
By:Cointime

MakerDAO founder Rune Christensen announced the latest update to his endgame plan "Endgame" at the governance forum. The first phase of Endgame, "Launch Season," will start in the summer of 2024, during which all major features of Endgame will be rapidly released. The goal is to quickly achieve a fully functional virtuous cycle, in which SubDAOs, token economics, new brands, and new user acquisition channels will work together to exponentially increase the usage of Dai.The specific content of this phase plan is as follows: 1. New brand unveiling: The first phase of "Launch Season" is the unveiling of the new brand. The brand display phase will last for one month, during which early adopters can register to receive a launch bonus, which will increase their earnings when the new tokens are available.2. New tokens launched: After one month of brand display, two new tokens in the ecosystem will be available: NewStable and NewGovToken (actual names will be shared during the brand display).3. After the new tokens are launched, the Lockstake Engine (LSE) will be launched. The Lockstake Engine (LSE) encourages long-term participation in governance, allowing MKR and NewGovToken holders to lock their tokens for long-term commitments, giving them more risk/reward for the success of the protocol and greater incentive to participate in governance.4. New bridge launched: After LSE is launched, the first version of NewBridge will be launched, connecting NewStable, NewGovTokens, and other Maker ecosystem tokens from the Ethereum mainnet to the main L2 (to be determined).5. Maker's first SubDAO, Spark.In addition to the first phase of Endgame, Christensen also mentioned three other phases: scaling up, new chain (NewChain), and final phase.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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