Sky, formerly Maker, launches USDS stablecoin on Solana
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
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Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
Just four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand.
Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.
Maker rebranded to Sky just two months ago in August as part of its Endgame overhaul, but there has been some resistance.
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.
