The founder of MakerDAO hopes that MKR holders will vote on the Sky brand and make a firm decision
ChainCatcher news, according to CoinDesk, MKR token holders are currently voting to assess their opinion on whether MakerDAO should "rebrand" the Maker brand and abandon the new name "Sky" adopted in August. This non-binding vote currently shows that token holders support retaining the Sky brand, although participation is relatively limited at this time.MakerDAO founder Rune Christensen remained neutral on the branding issue during an interview but urged the community to resolve the branding controversy and refocus on growth. He stated, "The most important thing is to make a decision and focus on what matters, which is the product." Christensen emphasized that changing the name to Sky is not just superficial, "far from just renaming," but part of Maker's "endgame strategy," which has launched new products like the USDS stablecoin.Christensen mentioned that one way to track the success of this stablecoin is to observe the proportion of USDS that is idle and not earning rewards. Among the over $1 billion in circulation, although the amount is not large, it is noteworthy that a portion is not earning rewards—this indicates it is held by real humans rather than bots, as this idling behavior suggests genuine use, since real users treat USDS as cash, holding it temporarily without seeking to maximize returns. However, despite this move still being seen as successful and the launch of the USDS stablecoin exceeding expectations, Christensen also acknowledged that the rebranding to Sky faced challenges that affected community perception and market confidence. This round of voting will last until November 7. The next step will be a binding governance vote.
