PANews reported on November 8 that according to The Block, MakerDAO voted to maintain its brand name "Sky". This move is part of the "Endgame" plan proposed by founder Rune Christensen, which aims to launch a new stablecoin and set up a "subDAO" to build crypto applications and infrastructure. Although some members of the community have doubts about the brand change of the decentralized protocol, among the approximately 20 voting entities, only four major holders control nearly 80% of the voting rights and all support the retention of the Sky brand.
As part of the Endgame plan, Sky plans to launch multiple new stablecoins, including the decentralized PureDAI and the regulatory-compliant NewStable, and will be launched on Solana and Ethereum L2 Base. In addition, the project will also integrate Aave, launch the SkyLink cross-chain bridge, and enter the field of asset tokenization.
