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BREAKING: Maker DeFi Lending Protocol Renames Itself Sky Because ‘Maker’ Was Apparently a Total Buzzkill for Crypto Bros Everywhere… AND THEY’RE LAUNCHING a NEW STABLECOIN BECAUSE WHY NOT?!?

A stylized illustration of a skydiver jumping out of a plane labeled 'Maker' and parachuting down to earth as a new figure emerges from the clouds, labeled with an arrow pointing upwards towards it. The parachute is in tatters on the ground below while the new figure descends gently into view.

The never-ending farce that is cryptocurrency continues to entertain and confound us all. The latest installment of this saga features Maker DeFi lending protocol rebranding itself as Sky, because apparently ‘Maker’ just wasn’t cool enough for the crypto bros anymore. And what’s a rebrand without some newfangled stablecoin? Enter USDS, the upgraded version of Dai (DAI) that is sure to confuse and bewilder investors everywhere.

Source: cointelegraph

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 […]

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