Maker Founder: PureDai will have its own new governance token
Maker founder Rune Christensen posted on the X platform stating that PureDai will have its own new governance token, with the following main features:
1. The initial supply of PureDai governance tokens is 2 billion;
2. The initial supply will be distributed to NewStable mining users on the Ethereum mainnet within 5 years;
3. Permanently distributed to PureDai vaults users to subsidize the generation of PureDai;
4. Surplus parts of PureDai will be used to accumulate PureDai governance tokens through a smart burn engine;
5. The PureDai governance token will play a backstop role when bad debts occur in PureDai.
In previous news, Rune posted yesterday saying he would launch a stablecoin, PureDai, which remains faithful to the original vision of the protocol outside of NewStable.
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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