MakerDAO Contemplates Dropping Sky Brand as Community Debates
SKY has significantly underperformed the CoinDesk 20 since the re-brand.
Maker DAO
Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO
An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun’s involvement in the custody of bitcoin backing the WBTC token.
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.
Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
A 1976 Treasury bill worth $5000. (Wikimedia/CoinDesk)