• 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

Bhutan Launches Sovereign Gold-Backed Token on Solana

chest

The Kingdom of Bhutan has launched a revolutionary gold-backed token named TER on the Solana blockchain, marking a significant step in digital asset innovation.

user avatarNguyen Van Long

DATBOI Finalizes IP Rights Acquisition, Aims to Challenge Meme Coin Hierarchy

chest

DATBOI is finalizing its acquisition of official IP and trademark rights, marking a significant step in the cryptocurrency space.

user avatarRajesh Kumar

DATBOI Attracts Significant Whale Interest, Demonstrates Strong Early Metrics

chest

DATBOI has shown promising on-chain metrics and attracted significant whale interest since its launch.

user avatarSatoshi Nakamura

FLOKI and Fartcoin Fuel Market Enthusiasm

chest

FLOKI and Fartcoin are experiencing price increases, contributing to renewed interest in the meme coin sector.

user avatarLucas Weissmann

Haseeb Qureshi Defends Ethereum Valuation Against Critics

chest

Haseeb Qureshi defends Ethereum's valuation, arguing that critics use the wrong financial framework and should treat fee revenue as profit.

user avatarFilippo Romano

Google Elevates Amin Vahdat to Lead AI Infrastructure Strategy

chest

Google has promoted Amin Vahdat to Chief Technologist for AI Infrastructure, highlighting its commitment to AI and the importance of hardware in the AI arms race.

user avatarEmily Carter

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.