It has been revealed that Sky, which rebranded from MakerDAO, is considering returning to the existing MakerDAO brand.
MakerDAO, a decentralized finance lending platform, announced in August last year that it would be shutting down as part of its "endgame" overhaul plan.
However, due to the confusion and negative feedback that arose after the rebranding, the company is now discussing the possibility of rebranding again to Maker.
"We are rebalancing our Maker brand," Sky co-founder Rune Christensen said at the platform's governance forum on the 21st.
He raised the proposal to "make it happen" and encouraged discussion. After Maker was rebranded to Sky at the end of August, he said he would be using the recently launched USDS decentralized stablecoin and Sky protocol.
While highlighting the success of the token, there was confusion in the community about the role of the Sky token and the Maker brand, with feedback showing a stronger attachment to the Maker brand compared to Sky.
"It's become even clearer how much the community loves and trusts the Maker brand," he said, adding, "We're very grateful for the brand and what it stands for: stability, security, and value."
"There's been a lot of enthusiasm for DeFi scalability and there's been a lot of appetite to hold MKR tokens," he added.
To address these concerns, Christensen said he would continue to keep Sky as a core brand to capitalize on the recent momentum and to expand the former
Restore identity and reinstate MKR as the sole governance token Modernize Maker to align with USDS and redefine it as a new identity
Skye collected feedback through a community call on October 25th, and announced the future direction of Maker Brands and Tokenomics on November 4th.
The company plans to hold a governance vote to determine gender.
2024/10/22 17:12 KST
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