According to ChainCatcher's message, on-chain analyst @ai_9684xtpa monitored that the whale 0xc08...37ffb withdrew 8000 ETH (approximately 19.68 million USD) from Binance an hour ago, then deposited it into Spark Protocol and borrowed 14 million DAI, exchanged it for sUSDS, and staked it into Sky Protocol. Currently, he has earned 122,800 SKY token rewards.

ChainCatcher news, according to Cointelegraph, the Maker protocol has officially been renamed to Sky and has announced the names of its upgraded stablecoin and native governance token, aiming to make decentralized finance (DeFi) more accessible to the general public.As part of the rebranding, Maker has renamed the world's largest decentralized stablecoin Dai (DAI) to USDS.The protocol has also launched the Sky (SKY) native governance token for the broader Sky ecosystem, serving as an upgraded version of the Maker (MKR) token.MakerDAO co-founder Rune Christensen stated that this rebranding is a step towards embracing "the next evolution of DeFi."