Barely two months after, the project now appears to be reconsidering the change.
Solana hits 5M daily users and welcomes Sky Protocol’s launch, while Franklin Templeton announces a mutual fund on the network.
Sky may be the first of many to toe this path.
MakerDAO’s rebrand to Sky is the first phase of the ‘Endgame Plan’, aimed at completely overhauling its governance.
MakerDAO has rebranded into SKY and introduced two upgraded tokens, including a decentralized stablecoin.
Grayscale launches a MakerDAO fund to grant select investors exposure to MKR.
MakerDAO raises concerns about Justin Sun’s involvement in the upcoming Wrapped Bitcoin (WBTC) custody changes.
MakerDAO approves plan to back up to $1 billion DAI with USDe and sUSDe.
A recent Aave proposal threatens to sever any remaining strings holding both projects together.
Is MakerDAO towing a dangerous path amid proposed plans to allocate $1 billion DAI to USDe?
Rune Christensen's plan appears to have rubbed Ethereum's Buterin the wrong way.
MakerDAO is moving to drive adoption for DAI.
Spark Protocol will be a front-end application that allows users to interact with Maker’s flagship decentralized stablecoin DAI.
The decentralized finance platform expects to earn around 2% annually on its deposit.
MakerDAO has voted in favor of a proposal to increase its flagship stablecoin DAI rewards from 0.01% to 1%.
Almost 73% voted against CoinShares’ proposal to invest $100-$500 million in U.S. bonds.
The new DeFi data product will track five distinctive transactions in the Aave, Compound, and MakerDAO protocols.
The decentralized finance protocol will earn a 1.5% reward on the deposited USDC which represents one-third of the DAO’s PSM.
The drop in revenue together with high expenses resulted in MakerDAO’s first net income loss since 2020.
The governing body behind the protocol will invest $400 million in US treasuries and $100 million in corporate bonds.
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