Maker Protocol rebrands as Sky, introducing new stablecoin USDS and governance token SKY to enhance accessibility and lead the next evolution of decentralized finance.
MakerDAO co-founder Rune Christensen said the feature wont be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.
The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.
After providing bigger discounts for long-term accumulation earlier this month, Rune increased for two weeks and tested a key level today. It saw a rejection and turned weak, looking poise for a drop on the day. Rune’s bearish structure remains...
Casey Rodarmor, Bitcoin Ordinals creator, has proposed a new token protocol called Rune for Bitcoin, aiming to address the BRC-20 protocol's shortcomings.
The post Bitcoin Ordinals Inventor Proposes Rune Token Protocol as Alternative to BRC-20...
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