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MakerDAO

MakerDAO is a decentralized autonomous organization and protocol on Ethereum behind the Dai (DAI) stablecoin, founded by Rune Christensen. It launched Dai on Ethereum in December 2017 and was rebranded as Sky in August 2024. Read the latest news about MakerDAO on Cointelegraph. MakerDAO is a decentralized autonomous organization and protocol on Ethereum behind the Dai (DAI) stablecoin, founded by Rune Christensen. It launched Dai on Ethereum in December 2017 and was rebranded as Sky in August 2024. Read the latest news about MakerDAO on Cointelegraph. MakerDAO is a decentralized autonomous organization and protocol on Ethereum behind the Dai (DAI) stablecoin, founded by Rune Christensen. It launched Dai on Ethereum in December 2017 and was rebranded as Sky in August 2024. Read the latest news about MakerDAO on Cointelegraph.

Standard Chartered forecasts SKY rising fivefold to $0.325 by 2028

Zoltan VardaiSep 11, 2026

ecb-paper-says-defi-governance-highly-concentrated

ECB paper questions if DeFi DAOs are decentralized enough to sit outside MiCA

Mar 27, 2026

Christina Comben

Better, Framework Ventures reach $500M stablecoin mortgage financing deal

Feb 24, 2026

sp-global-b-minus-rating-sky-protocol-defi

S&P Global assigns ‘B-’ credit rating to Sky, first for DeFi protocol

Aug 11, 2025

sky-pitches-ousting-maker-token-completing-upgrade

Sky pitches ousting Maker token to complete upgrade

May 2, 2025

ethereum-whale-loses-106-million-maker-amid-crypto-bloodbath

Ethereum whale liquidated for $106M on Sky amid crypto bloodbath

Apr 7, 2025

MakerDAO: All latest articles

makerdao-doubles-down-sky-maker-token-overhaul

Sky doubles down on token overhaul: Making MKR unusable, launching subDAOs

Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY.

Dec 19, 2024

ether-fi-proposes-native-token-buybacks

Ether.fi pitches buybacks for ETHFI stakers

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

Dec 16, 2024

Alex O’Donnell

sky-lite-psm-eoa-security-usdc-reserves

Sky faces scrutiny over potential $756M exploit flaw

Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency.

Dec 6, 2024

Josh O'Sullivan

sky-whales-kill-plan-rebrand-defi-protocol-maker

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

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

Nov 8, 2024

strictly-deflationary-tokenomics-sky-proposal-mkr

Sky co-founder proposes no new emissions for core token

Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.

Nov 4, 2024

Josh O'Sullivan

oracle-providers-pyth-chainlink-volume-tvs-comparison

Pyth flips Chainlink in 30-day volume, Chronicle CEO weighs in

Pyth Network’s pull-based model has driven high transaction volumes, intensifying the Oracle’s competition with Chainlink.

Oct 30, 2024

Josh O'Sullivan

sky-endgame-community-push-to-rebrand-back-to-maker

Sky: Community to consider another rebrand, back to Maker

Maker rebranded to Sky just two months ago as part of an overhaul, but there has been resistance.

Oct 22, 2024

wrapped-bitcoin-aave-record-high-despite-backing-fears

Wrapped Bitcoin supplied on Aave hits record high despite backing fears

WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.

Sep 26, 2024

Alex O’Donnell

sky-maker-going-ahead-plan-offboard-wrapped-bitcoin

DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote

The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.

Sep 20, 2024