Sky (formerly MakerDAO)
S&P Sees No Quick Fix for Sky Protocol’s Weak Capital and Centralization
S&P Global handed Sky Protocol a “B-” rating, saying the rating won’t improve within 12 months unless major fixes happen.
Spark Rallies More than 400% as TVL Explodes to $8 Billion
The DeFi capital allocator’s TVL is up 250% since April, and the protocol’s SPK token is now following suit.
Spark Protocol TVL Surges Past $8.5 Billion Fueled by Airdrop Frenzy
Spark’s TVL has more than doubled since April ahead of its upcoming SPK token airdrop.
MKR Soars 50% Following Thwarted Governance Attack
Sky (formerly MakerDAO) has partnered with Berachain to push the cross-chain expansion of its USDS stablecoin.
Rune Christensen Pushes Through Sky Changes to Prevent “Irreversible Catastrophe”
Christensen says a group of token holders is attempting a governance attack against the protocol formerly known as MakerDAO. The group denied the accusation.
DeFi Lenders Processed Nearly $300 Million of Liquidations on Feb. 3
Bybit’s CEO suggested that crypto exchange liquidations were far more than widely cited data suggests, at $8-10 billion.
Spark Liquidity Layer To Unlock Multi-Chain Functionality For Sky’s USDS Stablecoin
The liquidity layer will allow users to deposit or withdraw USDS via multiple networks.
MakerDAO Governance Confirms Sky Rebrand Will Go Ahead
MakerDAO rebranded to Sky on Sept. 18, but community members expressed confusion.
Sky To Consider Reverting Back To MakerDAO Branding
Sky’s co-founder said the recent rebrand has caused confusion within its community.
Sky’s New Stablecoin USDS Jumped to $1 Billion Supply in Two Weeks
Ethena bought $400M of the stablecoin issued by the protocol formerly called MakerDAO to diversify collateral for its own stablecoin.
