Sky Protocol, a prominent player in the decentralized finance (DeFi) space with roots dating back to MakerDAO, has taken a significant step to bolster its token value. The […]
Sky Protocol Grapples with Centralization Risks and Capital Constraints
A recent report by S&P Global Ratings highlights serious concerns for Sky Protocol, a decentralized finance (DeFi) project. The firm’s assessment reveals challenges in both governance structure and […]
S&P Issues First-Ever ‘B-‘ Rating to Sky Protocol, Marking Entry into DeFi Assessment
S&P Global Ratings has awarded a groundbreaking “B-” credit rating to Sky Protocol, marking the first time a major credit agency has evaluated a decentralized finance (DeFi) protocol. […]
Sky Protocol Receives ‘B-‘ Credit Rating from S&P Global, Signaling Market Maturity
S&P Global Ratings has issued a cautionary ‘B-‘ credit rating to Sky Protocol, a prominent decentralized lending platform in the cryptocurrency market. This assessment underscores the growing importance […]
Top Cryptocurrencies Under $1 in 2025: BlockDAG, ARB, SKY & UNI Show Strong Potential
This article explores the top cryptocurrencies under $1 for 2025. BlockDAG stands out with a strong performance, having raised $300 million and achieving a massive 2,660% ROI for […]
Whale Activity Signals Boost for Sky Protocol: $5.4M MKR Moved to SKY for Staking
A significant shift in MakerDAO’s governance strategy has been observed as two large whales, identified by addresses 0x1515 and 0xbB22, transferred a substantial amount of 3,114 MKR to […]
Sky Protocol SKY soars as USDS rewards launch
Sky Protocol’s governance token, SKY, has seen significant price growth in the past 24 hours, soaring over 8% after staking rewards with the USDS stablecoin became live. This […]
Sky Protocol Loses $5 Million Amid Shifting Stablecoin Strategy
Sky Protocol, formerly known as MakerDAO, recently reported a substantial $5 million loss in the first quarter of 2025. This financial downturn stems from a strategic shift aimed […]
Sky Protocol Implements MKR to SKY Token Transition for Enhanced Governance
The Sky protocol is undergoing a significant governance overhaul that will transition from the MKR token to its new native token, SKY. This shift marks a critical step […]
Sky Protocol Launches Major Rebrand: From Maker to SKY, Introducing Staking and New Governance
Sky protocol is poised for a significant transformation with its upcoming governance token overhaul. The project will officially replace the existing MKR governance token with its new token, […]