TLDR Crypto · MISCELLANEOUS
SKY MULLS CHANGES TO BRAND IDENTITY, POTENTIAL RETURN TO MAKERDAO
Summary from the TLDR Crypto newsletter
Sky, formerly known as MakerDAO, is considering a return to its old branding after a token migration in September. Founder Rune Christensen presented three options for the protocol: stay as Sky, return to the original Maker vision, or rebrand to Maker but make small changes to the new USDS stablecoin and foster better subDAO alignment. Though there are concerns about SKY's utility, the USDS stablecoin has achieved over 1 billion in total supply and integrations with DeFi protocols like Aave.