MakerDAO Rebrands to Sky, Introducing USDS Stablecoin

The decentralized finance protocol unveils new tokens and features as part of its Endgame overhaul.

USDS stablecoin and SKY governance token will launch on September 18.
DAI and MKR tokens will remain in circulation, with optional upgrades to new tokens.
New Sky protocol aims to enhance decentralization and governance.
Sky Stars will replace SubDAOs, starting with the Spark lending protocol.
Native token rewards and Sky Savings Rate are among the new features.