• 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

Sei Achieves Record High Daily Active Users

chest

Sei has achieved a record high in daily active users (DAUs), showcasing strong user engagement driven by its fast and cost-effective features.

user avatarLeo van der Veen

Sei Maintains Strong Daily DEX Volume Amid Market Downturns

chest

Sei has maintained a strong daily DEX volume of $15 million, indicating robust user demand despite market downturns.

user avatarLi Weicheng

South Korea Reauthorizes Corporate ICOs Under New Disclosure Rules

chest

South Korea is set to reauthorize Initial Coin Offerings (ICOs) for corporations in March 2025, reversing a nearly decade-long ban and introducing new regulatory frameworks.

user avatarAisha Farooq

SpotDraft's Valuation Surges Following Qualcomm Investment

chest

SpotDraft's valuation has surged from $190 million to $380 million following an $8 million investment from Qualcomm Ventures.

user avatarTenzin Dorje

SpotDraft Secures $8M Investment from Qualcomm Ventures

chest

SpotDraft, a legal AI startup, has secured an $8 million investment from Qualcomm Ventures, doubling its valuation to $380 million.

user avatarBayarjavkhlan Ganbaatar

Aave Continues to Anchor DeFi Despite Market Uncertainty

chest

Aave continues to be a significant DeFi protocol despite current price action reflecting uncertainty.

user avatarMohamed Farouk

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.