In its latest initiative, MakerDAO unveiled an Endgame plan aimed at further optimizing its stablecoin and governance structure through the launch of upgraded versions of DAI and MKR—NewStable (NST) and NewGovernanceToken (NGT). While existing DAI and MKR will continue to be in circulation and used, users now have the option to upgrade to NST, with the ability to revert back to DAI at any time, maintaining a conversion ratio of 1 DAI equals 1 NST. In the future, DAI will focus more on crypto-native applications, while NST is designed to drive mass adoption. Meanwhile, MKR will maintain its role in governance proposal voting, and the newly introduced NGT will also be used for voting, with a conversion ratio set at 1 MKR equals 24,000 NGT, ensuring flexibility in the governance mechanism.