BitGo's CEO has clarified concerns surrounding Justin Sun's role in the management of WBTC, persuading BA Labs to reconsider their plan to remove WBTC from Sky’s ecosystem.
Sky (MakerDAO)'s new stablecoin, USDS, has exceeded $490 million in TVL just 5 days after launch, thanks to a 6% interest rate and various other incentives.
MakerDAO rebrands to Sky Protocol, launching USDS stablecoin and SKY governance token to scale DeFi and enhance accessibility in the decentralized finance space.