Ether.Fi pitches buybacks for ETHFI stakers
The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders. Go to Source
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Ethena’s USDe beats DAI to become 3rd-largest stablecoin
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields. Go to Source
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
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’s Rune Christensen Reveals Star Allocation Proposal—and Possibly a Return to the Old Maker Name
Rune Christensen, founder of Makerdao, has outlined a comprehensive plan for the future of the decentralized finance (defi) ecosystem, highlighting the success of the USDS stablecoin and introducing the Star Allocation System Framework. A key aspect of the plan includes a possible transition back to the Maker brand, following community feedback on recent changes. Makerdao … Read more
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
USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth
The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as Makerdao, has minted 1.11 billion USDS, adding approximately 104 million coins to its supply over the past five days. In a parallel development … Read more
WBTC completes shift to multi-jurisdiction custody arrangement
Wrapped Bitcoin currently has a market capitalization of approximately $9.5 billion and a circulating supply of 154,782 tokens. Go to Source
Sky Reports Over 1 Billion USDS Minted Since August Rebrand
It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI have been converted to the new standard. Makerdao Sees 530 Million DAI Upgraded Since … Read more
Wrapped Bitcoin supplied on Aave hits record high despite backing fears
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama. Go to Source
