Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.
Maker protocol has officially rebranded to Sky and unveiled the name of its upgraded stablecoin and native governance token in an effort to make decentralized finance (DeFi) accessible to the masses.
As part of its rebranding efforts, Maker, the longest-standing DeFi lending protocol, has rebranded the world’s largest decentralized stablecoin, Dai (DAI), into USDS.
The protocol also introduced the Sky (SKY) native governance token for the wider Sky ecosystem, as an upgraded version of the Maker (MKR) token.
