Rune Christensen, co-founder of MakerDAO and Sky Protocol, hypothesized that a Trump victory could alter the state of decentralized finance.
Impact of U.S. Elections on DeFi
Rune Christensen notes that Trump's victory could significantly reduce regulatory uncertainty in the U.S., leading to a sharp increase in DeFi users. He suggests this could result in a 10-fold increase in users.
Sky Protocol Rebranding
Christensen is reportedly considering rebranding Sky Protocol back to Maker following community feedback.
MakerDAO's Investment in U.S. Treasuries
MakerDAO announced plans to invest $1 billion in tokenized U.S. Treasuries to strengthen its financial base.
The information highlights the significance of potential U.S. changes for the DeFi market and the strategic moves being made by MakerDAO.