BTCC
/
BTCC Square
/
Cryptodnes
/
Breaking: Binance Backs Maker (MKR) Token Swap & Rebrand to Sky (SKY) – Here’s What You Need to Know
Breaking: Binance Backs Maker (MKR) Token Swap & Rebrand to Sky (SKY) – Here’s What You Need to Know
5
1
Binance just threw its weight behind MakerDAO’s ambitious rebrand—swapping MKR for SKY tokens. The move signals confidence in DeFi’s evolution, even as TradFi bankers clutch their pearls.
Why it matters: When the world’s largest crypto exchange greenlights a token migration, liquidity follows. Expect volatility—and opportunities—as the market digests the shift.
The cynical take: Another day, another rebrand. At least this one isn’t just slapping ‘AI’ on the whitepaper and calling it innovation.
House Clears Path for Landmark crypto Bills: Vote Set for Thursday
Binance will handle all technical aspects of the swaps for users and will notify the community once SKY withdrawals are enabled. Users are encouraged to check the project team’s announcements for further details.
By:
