Altcoin Platform Launches Two New Cryptocurrencies: Unveiling Names and Symbols

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Ethereum-based lending platform, Maker, has announced plans to launch two new cryptocurrencies.
The new tokens will represent an updated version of the Dai stablecoin and will be used for governance activities within the Maker ecosystem.
Existing Dai holders will be able to transition to the new cryptocurrency at their discretion.

Maker, an Ethereum-based lending platform, is set to launch two new cryptocurrencies, offering an updated version of the Dai stablecoin and a token for governance activities. This move is aimed at increasing user participation in governance.

Maker Announces Launch of Two New Cryptocurrencies

Maker, a prominent player in the decentralized finance (DeFi) space, has announced its plans to launch two new cryptocurrencies. One of the new tokens will represent an updated version of the Dai stablecoin, a popular digital asset pegged to the US dollar. The other cryptocurrency will be used for governance activities within the Maker ecosystem, further decentralizing the platform’s operations.

Transition for Existing Dai Holders

Existing Dai holders will not be left in the lurch with this development. They will have the option to transition to the new cryptocurrency at their discretion. This flexible ... Read the full article for FREE at COINOTAG!