Decentralized finance (DeFi) lending platform Sky plans to accelerate the transition from MKR to SKY in the new year, following a major rebranding in August. Sky co-founder Rune Christensen noted that more efforts will be made to fully transition from MKR to SKY in 2025. This change does not carry the risk of losing funds for MKR token holders, but the transition will be mandatory for the usability of the token. More updates and details will be shared in 2025. Additionally, SKY’s deflationary tokenomics will allow for the creation of new altDAOs (Stars). Share your thoughts in the comments.