MakerDAO founder: Launch NewGovToken activation function
Odaily2024/07/17 03:49
By:Odaily
Odaily News Rune Christensen, founder of MakerDAO, posted on the X platform that MakerDAO has launched the NewGovToken activation function. When the Spark sub-DAO is launched, NewGovToken holders will be able to activate their NewGovToken to receive SPK rewards. NewGovToken activators will receive 15% of all SPK token rewards. NewGovToken can be obtained by MKR at a ratio of 1:24,000 and will be launched after Endgame is launched. There is no lock-up period or additional risk for activating NewGovToken, and it can be deactivated instantly at any time. Other rewards can also be selected in the future, including stablecoin rewards and 15% token rewards for all other launched sub-DAOs. The purpose of NewGovToken activation is to incentivize long-term participation in governance-in the future, delegation can be made while activating NewGovToken.
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Musk: I'm beginning to think that the Department of Government Efficiency (DOGE) has real potential
Cointime•2024/11/16 08:44
The total market value of stablecoins increased by 2.46% in the past week
Cointime•2024/11/16 08:44
US spot Ethereum ETF had a net outflow of US$59.86 million yesterday
Cointime•2024/11/16 08:44
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$91,306.65
+2.57%
Ethereum
ETH
$3,121.49
+0.89%
Tether USDt
USDT
$1
-0.00%
Solana
SOL
$218.27
+2.47%
BNB
BNB
$622.78
-0.25%
XRP
XRP
$1.04
+28.08%
Dogecoin
DOGE
$0.3748
+0.15%
USDC
USDC
$0.9998
-0.03%
Cardano
ADA
$0.7512
+21.81%
TRON
TRX
$0.1931
+6.86%
Bitget pre-market
Buy or sell coins before they are listed, including ZRC, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now