Sky, formerly known as Maker, is gearing up for a cosmic migration from MKR to SKY tokens in 2025. 🚀 Co-founder Rune Christensen announced that while MKR holders won't lose funds, migrating will be essential for token usability. The plan? Make SKY the star of the show, with MKR as a legacy wrapper.
In a recent governance vote, stakeholders chose SKY as the core token, with deflationary tokenomics and a burn mechanism to boot. Plus, more subDAOs, dubbed Stars, are on the horizon, starting with Spark. Sky's future is looking bright, with new teams ready to launch their own Stars!