According to BlockBeats, on September 4, Sky (formerly Maker) co-founder Rune said that Sky’s new crypto stablecoin USDS may have a court-like decentralized appeal process as part of its freezing function.
USDS will not have a freeze feature at launch, but can be upgraded if the governing body decides to add it. If this feature is available, users whose USDS have been frozen can leverage the power of decentralized governance to ensure that due process is carried out transparently.
Rune said it is unclear when or if the USDS freezing feature will go live, but it will require very careful legal, political and regulatory analysis and a very thorough design process by the decentralized Sky governance body.