Whale voters squash plan to rebrand DeFi protocol Sky back to Maker
[Nov 8 5:21 AM] Four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand.
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Sky co-founder proposes no new emissions for core token
[Nov 4 1:47 PM] Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.
Sky’s Rune Christensen Reveals Star Allocation Proposal—and Possibly a Return to the Old Maker Name
[Oct 22 6:37 PM] 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 stablecoin and introducing the Star Allocation System Framework. A key…
Sky: Community to consider another rebrand, back to Maker
[Oct 22 5:34 AM] Maker rebranded to Sky just two months ago as part of an overhaul, but there has been resistance.
USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth
[Oct 15 2:05 PM] The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as…
WBTC completes shift to multi-jurisdiction custody arrangement
[Oct 9 6:32 PM] Wrapped Bitcoin currently has a market capitalization of approximately $9.5 billion and a circulating supply of 154,782 tokens.
Sky Reports Over 1 Billion USDS Minted Since August Rebrand
[Oct 5 6:50 PM] 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. During this time, more than a billion USDS coins have been minted, and 530 million…
Wrapped Bitcoin supplied on Aave hits record high despite backing fears
[Sep 26 10:02 PM] WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.
Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding
[Sep 25 2:16 PM] BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from Bitgo’s CEO Mike Belshe and a…
Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO
[Sep 25 3:53 AM] BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3.
DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote
[Sep 20 1:54 AM] The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.
Sky proposes dropping Wrapped Bitcoin over claimed Justin Sun ties
[Sep 13 5:52 AM] The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.”
Maker, now Sky’s, stablecoin freeze process could be decided by decentralized court
[Sep 4 6:16 AM] A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen.
Aave, Sky float partnership to bridge DeFi, TradFi
[Sep 3 3:34 PM] The plan would create markets for DAI-replacement USDS on Aave.
Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
[Aug 27 3:10 PM] The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and…
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
[Aug 27 12:00 PM] Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.