DeFi Community Reacts to MakerDAO Rebranding as Sky, Questioning Decentralization

On August 27, MakerDAO, a leading name in decentralized finance (DeFi), announced its rebranding as “Sky” as part of its broader strategy to enhance the protocol’s scalability and accessibility. The rebranding to Sky includes the launch of two new tokens — USDS, an upgraded version of the DAI stablecoin, and SKY, a new governance token replacing MKR. MakerDAO’s Rebranding to Sky... source: https://beincrypto.com/makerdao-sky-rebranding-defi-community-responds/