Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency.
Read moreWhale voters squash plan to rebrand DeFi protocol Sky back to Maker
Just four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand.
Read moreSky co-founder proposes no new emissions for core token
Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.
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Sky’s Rune Christensen Reveals Star Allocation Proposal—and Possibly a Return to the Old Maker Name
Rune Christensen, founder of Makerdao, has outlined a comprehensive plan for the future of the decentralized finance (defi) ecosystem, highlighting the success of the USDS
Read moreSky Endgame: Community to consider a rebrand back to Maker
Maker rebranded to Sky just two months ago in August as part of its Endgame overhaul, but there has been some resistance.
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Sky Reports Over 1 Billion USDS Minted Since August Rebrand
It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token.
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