Sky's DeFi Overhaul!

Sky's DeFi upgrade proposal suggests swapping Maker (MKR) for Sky (SKY) as its governance token, adding staking options. Penalties are proposed for delayed transitions. Liquidations will pause briefly to prevent price manipulation during the switch. Sky's Rune Christensen sees it as a step toward cost efficiency, enhancing protocol benefits. Maker's earlier rebranding to Sky puzzled some, but a vote reinforced the change. If you’re navigating the crypto sphere, eyes are on this transformation.