Maker Now Rebranded to Sky Draws Ire From DeFi Community on Controversial Stablecoin Change

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

MSN

MakerDAO, a prominent player in the decentralized finance (DeFi) space, has undergone a significant rebranding, now known as Sky. The rebranding effort has sparked controversy within the DeFi community due to a contentious change in the protocol’s stablecoin. The recent modifications have led to concerns and criticisms from various stakeholders who believe these changes could impact the stability and reliability of the DeFi ecosystem. As Sky navigates through this transition, the community remains divided on the future implications of these adjustments.