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.
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