• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

MakerDAO Rebranded as Sky with New Tokens

user avatar

by Giorgi Kostiuk

a year ago


  1. Benefits of Early Registration
  2. How the Rebranding Affects Users
  3. Current MKR Value and Prospects

  4. On September 18, MakerDAO’s founder Rune announced that the platform will be rebranded as 'Sky,' marking a pivotal move towards its envisioned future. This strategic transformation includes the rollout of new SKY and USDS tokens, slated to coincide with the relaunch date.

    Benefits of Early Registration

    Sky is offering an 'Early Registration Bonus Program,' as highlighted by Rune on social media platform X. Users who register early through Sky.Money will be eligible for double rewards during the project’s initial month. This initiative incentivizes prompt registration and ensures active participation from the community right from the start.

    How the Rebranding Affects Users

    The transition to Sky represents a shift towards a more expansive ecosystem. This move involves significant changes to both the token structure and the platform's functionality. The new direction aims to offer users a more dynamic experience, combining financial solutions with increased flexibility and additional reward opportunities through the new USDS and SKY tokens.

    Current MKR Value and Prospects

    Currently, Sky’s primary network asset, the MKR coin, is valued at $1,470, experiencing a 3.63% decline in the past day. This value reflects a significant drop from its peak of $6,339, reached on May 4, 2021, in line with general altcoin market trends. The rebranding to Sky signifies a hopeful beginning, geared towards revitalizing the platform’s appeal and functionality in the evolving crypto landscape.

    The rebranding of MakerDAO to Sky and the release of new tokens demonstrate the platform's commitment to reaching new heights, engaging users, and offering them enhanced opportunities and incentives.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

USELESS Cryptocurrency Market Cap Reaches 63 Million

chest

USELESS cryptocurrency has achieved a market cap of approximately 63 million, reflecting a surge over the holiday period.

user avatarKaterina Papadopoulou

External Factors Impacting Bitcoin Market Dynamics

chest

External global market conditions are influencing Bitcoin's performance, with reduced funds for US spot Bitcoin ETFs and the Federal Reserve's cautious stance on interest rates.

user avatarMaya Lundqvist

EdgeX Surpasses Hyperliquid in Volume Rankings

chest

EdgeX has secured the second position in trading activities, surpassing Hyperliquid amidst a competitive market.

user avatarLeo van der Veen

US M2 Money Supply Reaches Record High Amidst Expanding Liquidity

chest

The US M2 money supply has reached a record high of 223 trillion, marking its 21st consecutive month of expansion.

user avatarAisha Farooq

Speculation Surrounds MicroStrategy's Potential Removal from Nasdaq

chest

Speculation has arisen regarding the potential removal of MicroStrategy from the Nasdaq100 index, with concerns about passive fund outflows of around $16 billion.

user avatarLi Weicheng

Aave CEO Stani Kulechov Responds to Token Purchase Allegations

chest

Stani Kulechov, CEO of Aave Labs, denies allegations of purchasing 15 million AAVE tokens to influence a community vote, emphasizing his commitment to the project and the need for clearer communication with token holders.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.