The rapid development of Blockchain technology has driven continuous innovation in the Crypto Assets ecosystem. Recently, a remarkable upgrade plan is brewing, aimed at launching a new generation of stablecoins and governance tokens to enhance the functionality and appeal of the existing ecosystem.

This upgrade will introduce two new Tokens: NewStable (NST) and NewGovToken (NGT). NST is viewed as an upgraded version of DAI, aiming for broader application and providing stronger stability. Meanwhile, NGT represents an optimized governance mechanism, with the goal of fostering wider community participation and more efficient decision-making processes.

For token holders, the conversion process is designed to be quite simple and straightforward. DAI holders can easily upgrade to NST while retaining the flexibility to switch back to DAI at any time. For Maker (MKR) token holders, each MKR can be exchanged for 24,000 NGT. This exchange ratio is set to encourage more people to participate in the governance activities of the ecosystem.

It is worth noting that this upgrade is not mandatory. The launch of the new Token is an expansion of the existing ecosystem rather than a replacement. DAI and MKR will continue to exist and operate, and users can choose whether to transition to the new Token system based on their needs and preferences.

This upgrade reflects the spirit of continuous innovation in Blockchain projects, aiming to address the limitations of existing systems and provide users with more options. As the official brand launch event approaches, community members and investors are looking forward to learning more about the details of these two new Tokens and how they will impact the future development of the entire ecosystem.