pureda

ChainCatcher news, Maker founder Rune Christensen posted on social media that PureDai will have its own new governance token, with the following main features:The initial supply of the PureDai governance token is 2 billion;The initial supply will be distributed to NewStable mining users on the Ethereum mainnet over 5 years;Permanently distributed to PureDai vaults users to subsidize the generation of PureDai;The surplus portion of PureDai will be used to accumulate PureDai governance tokens through a smart burn engine;The PureDai governance token will play a backing role when PureDai faces bad debts.ChainCatcher previously reported that Maker founder Rune Christensen stated on the X platform that, as a complement to NewStable, to meet the needs of users who prefer a purely decentralized vision, Maker is expected to launch another purely decentralized stablecoin, PureDai.

ChainCatcher news, MakerDAO founder Rune Christensen stated that a future token named PureDai will serve as a fully decentralized alternative to Dai. PureDai will operate exclusively on the Ethereum mainnet and will use Ethereum and Lido staked Ethereum (stETH) as collateral support, fully relying on decentralized oracles. It will also feature a freely floating peg, meaning the decentralized stablecoin may not be pegged to the US dollar.After the launch of PureDai, Dai holders will have the option to upgrade to PureDai, expected to be realized within a few years.

ChainCatcher news, Maker founder Rune Christensen posted on the X platform stating that as a complement to NewStable, to meet the needs of users who prefer a purely decentralized vision, Maker is expected to launch another purely decentralized stablecoin, PureDai.In the future, users holding DAI will be able to upgrade DAI to NewStable or PureDai, with the conversion to NewStable expected to be available in the short term, while PureDai is anticipated to be released in a few years.PureDai will be a purely decentralized over-collateralized stablecoin (supporting ETH and stETH) that will only be deployed on the Ethereum mainnet, relying on decentralized oracle operations, and will have no governance or other budget. PureDai will be released in an immutable form, meaning that the token will not require further upgrades or changes from the moment of its release and will be completely independent of Maker.Rune added that until PureDai confirms a new brand, PureDai will be used as a temporary name for the token.