• 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

GeeFi Introduces Staking and Referral Programs to Reward Community

chest

GeeFi has introduced a staking program with returns of up to 55% APR and a referral program that rewards users for community growth.

user avatarSon Min-ho

Bitcoin Long-Term Holders Show First Uptick in Supply Since April

chest

Bitcoin long-term holders have seen an increase in dormant supply for the first time since April, indicating a potential shift towards holding rather than selling.

user avatarAyman Ben Youssef

Vitalik Buterin Grants 256 ETH to Privacy-Focused Messaging Apps

chest

Ethereum cofounder Vitalik Buterin has donated 256 ETH, valued at approximately $600,000, to support the development of two privacy-focused messaging applications, Session and SimpleX Chat.

user avatarKofi Adjeman

Taurus Partners with Everstake for Enterprise Staking Integration

chest

Taurus has announced a partnership with Everstake to integrate enterprise staking into its custody system for institutional clients.

user avatarTando Nkube

Global Derivatives Compliance Crisis: A Costly Challenge for Financial Institutions

chest

The global derivatives market is facing a compliance crisis due to fragmented regulations post-2008 financial crisis, costing institutions 5-10% of their annual revenue.

user avatarNguyen Van Long

Google to Sell TPUs Externally, Expanding Revenue Opportunities

chest

Google is preparing to sell its 7th-generation TPUs to external companies, creating a new revenue pipeline.

user avatarSatoshi Nakamura

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.