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.

ChainCatcher news, according to Onchain Lens monitoring, a MKR whale previously lost about 1 million dollars in MKR and is now heavily investing in SPX and MOG.In the past two days, this whale has accumulated 1,284,056 SPX with 102 ETH (266,000 dollars) and 540,000 USDT, with an average purchase price of 0.627 dollars, realizing a floating profit of 184,000.Additionally, this whale purchased 466.28 billion MOG with 100 ETH (264,000 dollars) and 72,200 USDT, with an average purchase price of 0.00000211 dollars, realizing a floating profit of 45,000 dollars.

According to ChainCatcher news, on-chain analyst Yu Jin monitored that the 25 million LDO from Rune, co-founder of Sky Ecosystem (formerly MakerDAO), has finally been sold out today. The selling period for these LDOs lasted nearly 3 years, and most of the funds raised were used to purchase MKR.The 25 million LDO was sold at an average price of $1.87, with a total revenue of $46.73 million (221 times);Among them, the funds from the sale of 30.02 million LDO were used to repurchase 36,000 MKR, with an average purchase price of $833.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, investment firm BlockTower Capital sold 1,815 MKR through Galaxy Digital, worth approximately $2.48 million.From May to November 2022, BlockTower Capital withdrew 12,502 MKR from CEXs such as Coinbase/FTX/Kraken, with an average price of $1,055. Subsequently, they began selling MKR from last December, and so far have sold a total of 7,664 MKR (approximately $11.62 million) at an average price of $1,516, realizing a profit of $3.53 million.Currently, they still hold 7,662 MKR (approximately $10.37 million).

ChainCatcher news, according to Whale Alert monitoring, 4094 MKR have been burned in an unknown wallet, worth 5.93 million dollars.

ChainCatcher news, according to official data, the Grayscale MKR Trust's assets under management have surpassed 2 million dollars, reaching 2,131,780.51 dollars, with a preliminary net asset value per share of 9.75 dollars.

ChainCatcher message, according to @ai_9684xtpa monitoring, the address 0x3c7...b33AB is suspected of liquidating 1100 MKR that were purchased at the two-month high point, which would result in a loss of 1.13 million dollars if sold entirely. This address bought MKR at the peak in late July, with an average price of about 2642 dollars; three hours ago, all tokens were deposited into Binance, with a deposit price of 1613 dollars, resulting in a loss of nearly 40%.

According to ChainCatcher news, monitored by Spot On Chain, a certain early investor in MakerDAO (MKR) has realized a large cash-out after holding for over 7 years. This investor purchased 451.5 old MKR tokens in 2017 at a price of about $23 each. In the past 5 hours, the investor sold 251.5 MKR at a price of $1624 each, totaling approximately $408,000, and obtained 172.5 ETH, achieving about 70 times the investment return. Since rebranding to Sky, the token price of MakerDAO has dropped by 24%.

ChainCatcher news, according to CoinDesk, the crypto lending platform MakerDAO will allow MKR holders to convert their tokens into the newly issued NewGovToken (NGT) tokens. Holders will be able to exchange 1 MKR token for 24,000 NGT tokens, and MakerDAO hopes this will increase governance participation, as users will hold a larger number of NGT tokens.In addition to launching NGT, MakerDAO also announced NewStable (NST), a new stablecoin that will be pegged to DAI at a 1:1 ratio. Both DAI and MKR will remain available, and the conversion is optional.

ChainCatcher message, MakerDAO stated on social media that the Endgame introduces upgraded versions of DAI and MKR, namely NewStable and NewGovToken. However, DAI and MKR will still be available. Unless the governance department decides otherwise, these two tokens are expected to remain unchanged for the foreseeable future. Users can continue to hold and use these two tokens as before. DAI will remain indefinitely available. Users can upgrade to NewStable and can choose to revert back to DAI at any time. 1 DAI = 1 NewStable (NST). MKR will still be used for voting on governance proposals. Ultimately, NewGovToken (NGT) will be used for voting, seamlessly converting back to MKR to ensure flexibility. During the upgrade, 1 MKR = 24,000 NewGovToken (NGT).The renaming of NewGovToken aims to promote broader governance participation. It allows more users to hold a significant amount of NewGovToken and actively influence the future of the ecosystem. Upgrading to NewStable and NewGovToken is optional.

According to ChainCatcher news, monitored by Lookonchain, a whale address trader closed their MKR short position, making a profit of approximately $292,400.Previously, this trader borrowed 500 MKR from Aave and sold it for 1.37 million USDC. 16 hours ago, he repurchased the MKR needed to repay the debt for only 1.07 million USDC.

ChainCatcher news, according to CoinDesk, asset management company Grayscale has launched a new fund focused on MakerDAO governance tokens. The new closed-end fund Grayscale MakerDAO Trust will be open to qualified individual and institutional accredited investors. Similar to the company's other single-asset trusts, the fund does not allow direct withdrawals, which may lead to discrepancies between the fund share price in the secondary market and the price of the underlying asset.

ChainCatcher news, according to @ai_9684xtpa's monitoring, an address that previously traded MKR for a profit of 8.51 million USD is suspected to have sold 1,150 MKR (approximately 2.2 million USD) about 8 hours ago. As of now, the two rounds of trading have yielded a profit of 9.23 million USD. The address currently still holds 6,919 MKR, valued at 13.26 million USD, with an entry price of 1,997 USD.According to Arkham's address labeling, this address may belong to Amber Group.

ChainCatcher news, according to monitoring by The Data Nerd, a suspected Amber Group address deposited 1800 MKR (approximately 4.54 million USD) into Binance 12 hours ago. Currently, the address has only 412.6 MKR left (approximately 997,000 USD).

ChainCatcher news, Coinbase International announced on X that Coinbase International and Coinbase Advanced have launched DYM, MKR, and AAVE perpetual contracts, and the related markets have entered full trading mode.

ChainCatcher news, according to Scopescan monitoring, a few hours ago, the third largest holder of MKR received 972 MKR ($2.7 million) from Coinbase.This whale now holds 44,400 MKR ($122.8 million), with a profit of $55 million.

ChainCatcher news, according to Lookonchain monitoring, a certain whale withdrew 73,059 ENS (approximately 1.85 million USD) from Binance and Gate between July 8 and July 12 at a price of 25.36 USD each, and then today deposited all ENS back into Binance and Gate at a price of 26.86 USD each, earning approximately 109,000 USD.Then, the whale withdrew 1,026 MKR (approximately 2.98 million USD) from Binance and Gate in the past 4 hours.

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, MakerDAO associated addresses have transferred the last 2228 MKR to Binance in the past two days.This liquidation action started on March 18 and ended on July 22. Over the past four months, the address has continuously transferred a total of 30,971 MKR (approximately 92.08 million USD) to the trading platform in batches of several hundred MKR each time, with an average transfer price of about 2973 USD.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, an address related to the MakerDAO team has continuously sold 28,743 MKR (85.81 million USD) over the past 4 months, and its MKR sales are finally coming to an end: only 2,228 MKR (approximately 6.23 million USD) remain.This address is labeled as belonging to MakerDAO on Nansen and is labeled as belonging to @udhc_com on Arkham: UDHC is an investment firm founded by former MakerDAO COO Steven Becker.