Maker Rebrands to Sky, Replaces DAI With USDS Causing Worry Over Freeze Function

Household DeFi protocol Maker replaced its decentralized DAI DAI - $1.000 stablecoin with centralized USDS as it rebranded to Sky. Users are not happy.

Source: livebitcoinnews.com

Related symbols: DAIUSD

2024-08-29 15:15:03 GMT.

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Price & Market Data

Price: $1.000

Volume 24h: $71,929,102.91

Market Cap: $5,365,770,613.40

Description

Dai (DAI) is a cryptocurrency and operates on the Ethereum platform. Dai has a current supply of 5,365,382,702.664872. The last known price of Dai is 1.00002258 USD and is up 0.00 over the last 24 hours. It is currently trading on 3375 active market(s) with $71,220,833.85 traded over the last 24 hours. More information can be found at https://makerdao.com/.