Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial...

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

5
0
SHARE
This post was originally published on this site

Source: Coindesk.com

Maker, which just rebranded to Sky, announced a new version of its $5 billion stablecoin DAI but crypto enthusiasts weren't impressed.

The new token called USDS apparently has a piece of code that would allow the issuer to remotely freeze the asset, observers pointed out.

The feature exists in the largest stablecoins of

Read More https://www.coindesk.com/tech/2024/08/27/maker-now-rebranded-to-sky-draws-ire-from-defi-community-on-controversial-stablecoin-change/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY