MakerDAO has recently announced the launch of a new roadmap for their project, dubbed “Endgame.” This roadmap includes a number of exciting developments for the platform, including the release of governance AI tools, the launch of six SubDAOs, the introduction of a governance incentive plan, and the final step of launching a new blockchain called NewChain.
The purpose of Endgame is to create a strong governance equilibrium that allows for the permissionless growth of SubDAOs and parallelized product development in a community-driven ecosystem. The platform’s goal is to become the largest and most widely used stablecoin project within three years, anchored in an autonomous and vibrant DAO economy.
The first phase of the Endgame roadmap will focus on establishing a new unified brand for the ecosystem, which will include a full rebrand and a new website that properly communicates the Endgame vision. Crucially, MakerDAO’s current brands, Dai and MKR, will not be altered, and users can continue to use and hold these tokens.
Instead, users will be able to upgrade Dai and MKR to their new versions, NewStable and NewGovToken. NewStable will be a new ERC20 wrapper of the same underlying stablecoin as Dai, with several unique features such as a native farm of NewGovToken and SubDAO tokens, as well as an Accessibility Reward system for platforms and protocols that integrate NewStable.
NewGovToken will be a redenominated version of MKR with a larger supply, and can be upgraded to at a rate of 1200 NewGovToken per 1 MKR. It will also have the Smart Burn Engine activated, which will accumulate LP tokens for NewStable against NewGovToken using all Protocol Surplus above 50 million.
Phase three of the Endgame roadmap will introduce Governance AI Tools, which will provide token gated access to a powerful system that allows NewGovToken holders to easily summarize and verify governance rules and processes or generate new aligned governance proposals. Phase four will introduce Governance Participation Rewards, where NewGovToken can be Lockstaked to receive protocol income as NewStable rewards or SubDAO token rewards.
The final step of Endgame will be the deployment of a new blockchain called NewChain, which will increase the governance security of the ecosystem and implement the full range of advanced Endgame features and tokenomics.
Overall, MakerDAO’s Endgame roadmap is an exciting development for the DeFi ecosystem, promising to streamline and parallelize the Maker ecosystem while spearheading permissionless innovation and collateral allocation. The release of governance AI tools and governance participation rewards will incentivize greater participation in the governance process, while the launch of NewStable and NewGovToken will provide users with greater flexibility and farming opportunities. The deployment of NewChain is also an exciting development, promising to further enhance the security and resilience of the MakerDAO platform.
Source: https://azcoinnews.com/makerdao-announces-major-update-with-launch-of-endgame-beta-version.html