Rune Christensen, the founder of MakerDAO, has proposed a novel solution to the Stablecoin Trilemma.
This trilemma posits that achieving a stable value pegged to the dollar, maintaining decentralization, and scaling to meet demand are mutually exclusive goals.
Christensen’s solution involves a dual stablecoin framework, envisioning the evolution of Maker’s DAI stablecoin into two distinct entities—NewStable and PureDAI. These stablecoins will address critical aspects of the trilemma by prioritizing utility and scalability while ensuring a dollar peg and upholding pure decentralization.
According to Christensen, DAI will be fully deprecated once the ecosystem implements and adopts these solutions. However, the timeline for this transition depends on the community’s adoption speed.
NewStable
NewStable will be the primary successor to DAI, prioritizing growth, yield, and resilience. The decentralized stablecoin would be crafted with utility and adoption in mind.
According to Chris
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