Sky, a decentralized finance (DeFi) lending and borrowing protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. The implementation of USDS on Solana is made possible through Wormhole’s Native Token Tr
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.
Maker has experienced a sustained downtrend over the past month, declining by 32.58%. However, analyst predicts MKR is set for a reversal.
Rune Christensen made a big mistake when he pushed the rebrand that saw Maker become Sky, he said Tuesday.
TLDR: MakerDAO considering abandoning Sky rebrand after lukewarm reception SKY token underperformed with only 8% of MKR tokens converted USDS stablecoin launch successful with $1.2B supply and 6.5% savings rate Community shows strong preference for o
Sky co-founder Rune Christensen has proposed that the community either recenter the Maker brand or maintain the momentum of the Sky brand. Since the rebranding was done, MKR has declined by 45% and plunged to its lowest level since September 2023. De
The Hero.io platform utilizes AI to inform crypto trading decisions and strengthen user privacy. In accordance with the ethos of decentralization, it also puts users’ data back into their own hands. This guide explains everything you need to know abo
Numerous token projects now claim they have severed ties with market maker Gotbit after it was hit with market manipulation charges.
The Bitcoin-triggered altcoin season has proved a boon for investors, leaving speculative traders asking whether a full-blown bull run is in the books. Interestingly, a renowned analyst believes RWA tokens like Maker (MKR) are poised to continue rall
Maker has made significant recovery on its price charts, but is that all?
The post Breaking! Maker (MKR) Could Rally 30%, Here’s Why appeared first on Coinpedia Fintech News In the past few days, the cryptocurrency market has recovered significantly, but Maker (MKR) though initially lagging, now appears poised for a signif
Maker (MKR) trades above $1,500 on Thursday, suggesting a potential rally as technical indicators show bullish divergence.
Maker exchange data suggests that selling activity could be rising intensifying the bearish pressure.
Maker price has been struggling under the weight of declining markets for over six months now. MKR recently broke below the crucial $2,200 mark, setting the stage for its continued downtrend to its current price range of around $1,500. Despite MakerD
MKR is currently trading at the lowest price since early January 2024.
A smart trader borrowed 500 Maker (MKR) from Aave, sold for $1.37M USDC, and repurchased for $1.07M to pay the debt and earned $292.4K profit.
On Monday, MakerDAO officially launched the Spark Tokenization Grand Prix, an ambitious competition to onboard up to $1 billion of tokenized assets, particularly focusing on short-duration US Treasury
The Maker price soared 7% in the last 24 hours to trade at $2,134 as of 5.20 a.m. EST on trading volume that skyrocketed 66% [...]
Whales have started accumulating Maker tokens after Grayscale announced the launch of its MakerDAO Trust. On Aug. 13, leading crypto asset manager Grayscale launched its MakerDAO (MKR) investment fund