Maker(MKR) SKY & USDS Release

$1,761.89

0.02%

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The new USDS stablecoin and SKY governance token will be available on Sept. 18 with a new DeFi application to interact with the protocol.

MakerDAO, one of the oldest and largest decentralized finance (DeFi) lenders, is getting a new name and new tokens as part of its on-going revamp.

Maker has rebranded to "Sky," according to a press release on Tuesday. The protocol, which has $7 billion of assets, will also introduce new versions of its $5 billion stablecoin (DAI) and governance token (MKR), called the USDS stablecoin and the SKY governance token.

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