MakerDAO Launches NewGovToken Activation Feature, Upgrade MKR Token to NGT!
2024-07-17
Bittime - MakerDAO which is famous for its stablecoin DAI, recently announced the launch of the activation feature NewGovToken (NGT), which promises various attractive new incentives.
Activation Feature NewGovToken by MakerDAO
Activation feature NewGovToken allows MKR token holders to upgrade tokens to NewGovToken at a ratio of 1:24,000. With this feature, users can earn NewGovToken no lock-in period and can deactivate it at any time.
One of the main incentives of this feature is the $SPK gift that NewGovToken activators will receive. A total of 15% of the total $SPK prize will be distributed to NewGovToken activators.
Activation Process NewGovToken
To activate NewGovToken, users must upgrade MKR tokens according to a predetermined ratio. Once activated, token NewGovToken can be used to get $SPK prizes.
There are no additional risks or lockout periods in this process that users can disable NewGovToken anytime.
In the near future, users will also have the option to choose other rewards, including rewards in the form of stablecoins and 15% of the token rewards from all launched SubDAOs.
Activation Feature NewGovToken for Users Outside the US
While this feature offers various benefits, there are some requirements and restrictions to be aware of. Activation feature NewGovToken and related rewards are only available to users outside the United States and those who do not use a VPN. This is to ensure compliance with applicable regulations and maintain the integrity of the MakerDAO ecosystem.
How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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