Sky Co-founder: USDS was launched without a freeze function, and the freezing process may be determined by a decentralized court

ChainCatcher news, Rune, co-founder of Sky (formerly Maker), stated that Sky's new crypto stablecoin USDS may have a court-like decentralized appeals process as part of its freezing feature.

USDS will not have a freezing feature at launch, but it can be upgraded if the governing body decides to add it. If this feature is indeed implemented, users whose USDS are frozen can "leverage the power of decentralized governance to ensure that due process and other matters are conducted transparently."

Rune mentioned that it is unclear when or if the USDS freezing feature will go live—however, it requires "very careful legal, political, and regulatory analysis, and clearly a very thorough design process that needs to be completed by the decentralized governance body of Sky."