Maker Protocol will be rebranded as Sky, with the Dai stablecoin rebranded to USDS. The MKR governance token has been upgraded to the Sky token (SKY) with a conversion factor of 1:24,000. The Maker SubDAOs were renamed Sky Stars, with Spark being the first active SubDAO. In an important move to make decentralized finance (DeFi) more accessible, Maker Protocol has changed its name to Sky.
The post about the renaming of the Maker Protocol and the renaming of the Dai stablecoin to USDS appeared first on CoinJournal.