@liyiming

MakerDAO's governance is vested in MKR holders, who vote on key parameters like collateral types, stability fees, and risk ratios. No direct MKR airdrop exists for stablecoin (DAI/USDS) holders. Under the Endgame/Sky rebrand, NewGovToken (NGT/SKY) replaces MKR (1:24,000 ratio, optional upgrade). Governance allocation favors long-term holders via Lockstake Engine and farming rewards, distributing surplus to stablecoin users. Collateral heavily influences governance: MKR holders approve assets (e.g., ETH, RWAs), set over-collateralization (typically 150%+), and manage liquidation risks, ensuring system stability and MKR value alignment.

0 reply

0 recast

0 reaction