sky – DIGIT INFO

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

DIGIT — Sun, 19 Jan 2025 01:30:32 +0000

As of this week, Sky, the decentralized finance (defi) initiative previously recognized as Makerdao, has witnessed its newly launched stablecoin, USDS, exceed the $2 billion threshold. Among the top ten stablecoins, it experienced the most significant expansion in supply over the past month. Sky’s USDS Climbs to Top Five While DAI Holds Its Ground Sky’s […]

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Ether.Fi pitches buybacks for ETHFI stakers

DIGIT — Mon, 16 Dec 2024 20:52:57 +0000

The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.

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Ethena’s USDe beats DAI to become 3rd-largest stablecoin

DIGIT — Thu, 12 Dec 2024 18:56:15 +0000

The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.

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Sky, formerly Maker, launches USDS stablecoin on Solana

DIGIT — Wed, 20 Nov 2024 05:34:02 +0000

Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.

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Whale voters squash plan to rebrand DeFi protocol Sky back to Maker

DIGIT — Fri, 08 Nov 2024 05:21:53 +0000

Just four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand.

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Sky’s Rune Christensen Reveals Star Allocation Proposal—and Possibly a Return to the Old Maker Name

DIGIT — Tue, 22 Oct 2024 18:37:32 +0000

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 […]

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Sky Endgame: Community to consider a rebrand back to Maker

DIGIT — Tue, 22 Oct 2024 05:34:10 +0000

Maker rebranded to Sky just two months ago in August as part of its Endgame overhaul, but there has been some resistance.

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USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth

DIGIT — Tue, 15 Oct 2024 14:31:18 +0000

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 […]

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WBTC completes shift to multi-jurisdiction custody arrangement

DIGIT — Wed, 09 Oct 2024 18:32:03 +0000

Wrapped Bitcoin currently has a market capitalization of approximately $9.5 billion and a circulating supply of 154,782 tokens.

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Sky Reports Over 1 Billion USDS Minted Since August Rebrand

DIGIT — Sat, 05 Oct 2024 18:50:38 +0000

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 […]

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