On September 18, MakerDAO founder Rune announced the project's rebranding to Sky. This significant change aims at the project's future vision.
Double Reward Opportunity with Early Registration
In a statement on the social media platform X, Rune highlighted the 'Early Registration Bonus Program' offered by the Sky platform. Users registering through Sky.Money will have the chance to earn double rewards during the first month when the project launches. To take advantage of this opportunity, users must register and be active on the project launch date. Eligible users who meet the requirements will be rewarded with double bonuses in the project's first month.
New Name, New Vision
The renaming of MakerDAO to Sky aligns with the project's goal of building a broader ecosystem. The updates accompanying the new name affect both the token structure and the platform's operations. These changes aim to provide users with a more innovative experience. While continuing to offer financial solutions, the Sky platform seeks to provide users with greater flexibility and reward opportunities. At this stage, users will embark on a new era with the USDS and SKY tokens on the Sky platform.
Current Market Status of MKR
As of the time of this report, the primary network asset of Sky, MKR, is trading at $1,470, reflecting a 3.63% decrease within the last 24 hours. Data indicates that the altcoin is trading 76.67% below its all-time high of $6,339 reached on May 4, 2021, mirroring the overall trend in the altcoin market.
The rebranding of MakerDAO to Sky marks the beginning of a new era for the project, aimed at creating a more innovative ecosystem. Users will be able to take advantage of new reward opportunities and other benefits of the new strategy.
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