Sky's USDS stablecoin has a freeze feature, which raises concerns about decentralization. Rune Christensen, co-founder of Sky, explains that the freeze feature will not be active at launch. Sky's website blocks VPNs, which further intensifies the criticism after the renaming. A day after the decentralized finance (DeFi) project Maker was rebranded as Sky, the new protocol is under intense scrutiny.
The post about Maker, now Sky, is under fire for the USDS stablecoin's freeze feature appeared first on CoinJournal.