A better, smarter currency.
The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate Dai by leveraging collateral assets approved by “Maker Governance.” Maker Governance is the community organized and operated process of managing the various aspects of the Maker Protocol. Dai is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Resistant to hyperinflation due to its low volatility, Dai offers economic freedom and opportunity to anyone.
SKY has significantly underperformed the CoinDesk 20 index, since the re-brand.
The growing use of stETH in DeFi protocols means ether’s yield is slowly taking the role of the federal funds rate in the crypto ecosystem, …
Rune Christensen, the founder of Sky (formerly MakerDAO), is close to offloading the last of the 25 million $LDO tokens he originally received as an …