Maker Coin, formerly known as
MakerDAO, has recently been rebranded to
Sky while also launching its stablecoin
USDS on Solana. There is speculation that the community may consider yet another
rebrand, possibly back to
Maker, following mixed feedback. Despite negative volume oscillators, MKR price may rally by 20% despite market headwinds, putting a focus on the
Maker price predictions for the upcoming years.
Grayscale has launched a new investment fund for Maker's MKR token, while the DeFi lending protocol also seeks to roll out its
new governance token. However, recent developments suggest that Maker's token is lagging in its financial performance despite the protocol's robust
revenue. Amid uncertainties, the protocol continues its initiatives, such as enabling a remote freeze process for the new USDS stablecoin. There is also a scope for the freeze process to be decided by a decentralized court, demonstrating efforts towards
decentralization.
Maker Coin News Analytics from Fri, 12 Jul 2024 07:00:00 GMT to Tue, 04 Feb 2025 14:04:55 GMT -
Rating -5
- Innovation 3
- Information 3
- Rumor 0
