MakerDAO


Markets

DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.

Sky. (ELG21/Pixabay)

Finance

DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.

A cardboard cutout of Tron founder Justin Sun (Danny Nelson/CoinDesk)

Tech

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

MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.

(Jacob Lund/Shutterstock)

Finance

MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token

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.

MakerDAO co-founder Rune Christensen (Trevor Jones)

Finance

MakerDAO to Offer Optional MKR Conversions for New Governance Token

MakerDAO hopes the new governance token will increase governance participation.

MakerDAO co-founder Rune Christensen (Trevor Jones)

Finance

Asset Manager Grayscale Introduces Crypto Fund for MakerDAO's MKR

The company unveiled similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.

Grayscale ad in NYC (Nikhilesh De/CoinDesk)

Finance

MakerDAO's $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock's BUIDL, Ondo, Superstate

MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Consensus Magazine

Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI

The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.

MakerDAO co-founder Rune Christensen (Trevor Jones)

Consensus Magazine

What to Expect at Consensus 2024: Spotlight on Blockchain Tech

The three-day conference (May 29-31) features a host of big-name speakers from the realm of blockchain tech, including Sergey Nazarov, Casey Rodarmor, Joe Lubin, Emin Gün Sirer and Rune Christensen. Here is a preview of everything on offer.

Cosmos co-founder and Informal Systems CEO Ethan Buchman is scheduled to speak on the "bitcoinization of Cosmos" at Consensus 2024. (Bradley Keoun)

Consensus Magazine

Rune Christensen Is Making Digital Assets Real

The co-founder of MakerDAO says his biggest achievement this year was bringing real-world assets, like U.S. Treasuries, on-chain and at scale.

Image of Rune Christensen, co-founder of MakerDAO