MAKERDAO REBRANDS TO "SKY" AND SCHEDULES USDS STABLECOIN LAUNCH

Summary from the TLDR Crypto newsletter

MakerDAO has rebranded to "Sky" and is set to launch a new stablecoin, USDS, and a governance token, SKY, on September 18, marking a large overhaul in its operations. The rebranding includes a new UI that aims to make the platform more approachable and expandable with a metaDAO ecosystem called "Sky Stars" for decentralized project governance. While the existing DAI and MKR tokens will remain, they can be voluntarily upgraded to the new tokens.