Tag: Sky

DeFi protocol Sky, formerly Maker, has launched its stablecoin, USDS, on the Solana blockchain. Announced on November 19, the rollout establishes USDS as Solana's first major DeFi-native stablecoin, broadening opportunities for lending, borrowing, and trading within the ecosystem. Sky described the launch as a pivotal step in its mission to ...

The DeFi protocol Sky team’s proposal to revert to its former brand name, Maker, was blocked by a small group of token “whales” in a governance vote on November 8. The proposal sought to reintroduce the Maker brand with a limited refresh to address community concerns about the recent rebranding ...