27 Aug 202421:27
Project update

MakerDAO rebrands to Sky and rolls out new USDS stablecoin and SKY governance token
The new USDS stablecoin and SKY governance token will be available on September 18 with a new DeFi application. Holders will be able to exchange DAI tokens 1:1 for USDS, while each MKR token can be swapped for 24,000 SKY tokens. The MRK and DAI will remain in circulation unchanged.
👉 coindesk.com/business/2024/08/27/makerdao-is-now-sky-as-7b-crypto-lender-rolls-out-n
Source