• 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

Initial Jobless Claims Data to Be Released Amid Financial Events

chest

Initial jobless claims data will be released by the US Labor Department on January 29, 2025, providing insights into labor market conditions and influencing economic perceptions.

user avatarMiguel Rodriguez

Key Global Leaders to Address Markets Ahead of Fed Decision

chest

Key global leaders, including US President Donald Trump and ECB President Christine Lagarde, will address economic policies and geopolitical issues on January 27-28, 2025, potentially impacting global markets ahead of the Federal Reserve's interest rate decision.

user avatarLuis Flores

Federal Reserve's Interest Rate Decision to Shape Market Dynamics

chest

The Federal Reserve's interest rate decision on January 28, 2025, is expected to significantly impact market dynamics and investment strategies.

user avatarArif Mukhtar

Paul Graham Critiques SEC's Previous Approach to Crypto Regulation

chest

Paul Graham criticizes the previous SEC administration for its ambiguous approach to cryptocurrency regulation, highlighting the challenges faced by legitimate companies and the rise of fraudulent entities.

user avatarMaria Gutierrez

Saylor Defends Strategy's Resilient Balance Sheet Amid Bitcoin Volatility

chest

Saylor defends Strategy's resilient balance sheet amid Bitcoin volatility, emphasizing long-term viability and the ability to pay dividends as long as Bitcoin appreciates.

user avatarDavid Robinson

Apple Introduces New Leadership in Hardware Engineering

chest

John Ternus has been appointed as the new head of hardware engineering, overseeing both hardware and software design teams.

user avatarAndrew Smith

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.