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Maker Wishes To Enable MKR Collateral To Be Used To Borrow Sta | DeFi & Ethereum News

Maker Wishes To Enable MKR Collateral To Be Used To Borrow Stablecoin DAI

The
DeFi protocol is in charge of the stablecoin DAI, and the creators want to create a new usage for MKR that may be collateralized to borrow DAI. Someone pointed out that Maker has announced its desire to provide a new application for MKR in the new tokenomics area.

The “Endgame Plan” is a plan for a total revamp of Maker that was announced in mid-2022 and adopted by the MakerDAO community in October, with the most significant change being the partition of the protocol into sub-DAOs with tasks. Produce the matching token individually. Endgame was launched by the Maker team, lead by creator Rune Christensen, to identify a new path for the project after a lengthy period of confronting several issues that threatened the project’s survival and stability. DAI is both a maker and a stablecoin.

Source

https://t.me/DeFi_Ethereum