Sky, formerly Maker, launches USDS stablecoin on Solana
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers. Go to Source
MKR
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Whale voters squash plan to rebrand DeFi protocol Sky back to Maker
Just four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand. Go to Source
Sky Endgame: Community to consider a rebrand back to Maker
Maker rebranded to Sky just two months ago in August as part of its Endgame overhaul, but there has been some resistance. Go to Source
Early MKR Investor Sells $408K Worth Of Tokens, Holds $326K In Remaining Assets
An early MKR holder, identified by wallet address “0x07a,” has sold 251.53 MKR tokens for 172.461 ETH, valued at around $408K, at a price of $1,624 per token. This long-time investor originally accumulated 451.529 MKR tokens during the token’s early days, between January 20 and March 2, 2017, when the price was a mere $23. … Read more
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY. Go to Source
MakerDAO ($MKR) Joins Grayscale’s “Trust” Fund As Whale Activity Surges
MakerDAO ($MKR) has been added to Grayscale’s prestigious “Trust” Fund investment portfolio, aligning with other notable assets like Solana ($SOL), Sui ($SUI), Lamden ($TAO), and Chainlink ($LINK). This inclusion allows traditional finance investors to gain exposure to MKR, the utility and governance token of the Ethereum-based decentralized autonomous organization (DAO), MakerDAO, through a more familiar … Read more
Smart Money and Whale Movements Shake Up MKR Market
Recent activity in the Maker (MKR) market has attracted significant attention, particularly involving major players and substantial trades. A smart trader who previously made a profit of $8.51 million by trading MKR has recently sold 1,150 MKR tokens, valued at approximately $2.2 million, around 8 hours ago. This brings their total profit from MKR trading … Read more
Largest $MKR Holder Withdraws $2.76M From Coinbase Prime Amid DeFi Growth
In the past 24 hours, the largest holder of $MKR has withdrawn 973 $MKR (valued at $2.76M) from Coinbase Prime. This marks the whale’s first activity in three months, drawing significant attention in the DeFi community. The whale now holds an estimated total profit of $64M (+100%) from $MKR, with a total of 45,109 $MKR … Read more
Smart DEX Traders Identify Four Crypto ‘Gems’ With High Accumulation Potential
Data from Crypto AI has highlighted four tokens considered “Gems by Smart DEX Traders” as they near the price range where these traders have been accumulating: MKR, ONDO, TAO, and INJ. 1. MKR: Over the past seven days, MKR has seen an accumulated volume of $614.7K, with traders buying at an average price of $2.76K. … Read more
MakerDAO-Related Wallets Deposit $16.76M In MKR To Binance Amid Ongoing Sales
In the past three days, MakerDAO-related wallets have deposited 5,750 MKR tokens, valued at approximately $16.76 million, to Binance. This activity continues a trend of selling MKR that began on April 24, with most sales occurring at high prices. Since April 24, these wallets have deposited a total of 18,900 MKR, worth $53.83 million, to … Read more
