According to Lookonchain monitoring, 15 minutes ago, Whale 0x4111 deposited 1,271 MKR (worth 2.45 million USD) into a CEX. He purchased MKR at an average price of 895 USD between February 11, 2022, and March 8, 2023, and has held it for over 3 years. If sold, he would profit about 1.32 million USD (+116%).

According to Coindesk, ChainCatcher reported that Steakhouse Financial's report indicates that Sky (formerly MakerDAO) lost $5 million in the first quarter of this year, primarily due to the doubling of Interest paid to Token holders. This was mainly to encourage users to use the new stablecoin Sky Dollar (USDS) to replace the original DAI. Interest expenses increased by 102%, in stark contrast to the $31 million profit from the previous quarter.

According to Jinse Finance, Lookonchain monitoring reports that a wallet associated with @izebeleth sold 1002 ETH (approximately $1.77 million), 10,000 AAVE (approximately $1.71 million), and 1000 MKR (approximately $1.44 million). It then bought 50 WBTC (approximately $4.79 million).

According to BlockBeats news on May 7, Lookonchain monitored that a wallet associated with @izebeleth sold 1002 ETH (approximately 1.77 million USD), 10,000 AAVE (approximately 1.71 million USD), and 1000 MKR (approximately 144,000 USD). Subsequently, it bought 50 WBTC (approximately 4.79 million USD).

Odaily News According to Onchain Lens monitoring, in the past 5 hours, the following operations were conducted by wallet addresses associated with the whale jez (@izebeleth): Sell 10,000 AAVE at an average price of 170.7 USD, obtaining 1.7 million.

PANews April 9 news, according to Spot On Chain monitoring, a mysterious entity "7 Siblings" unlocked 7,000 MKR (approximately $8.3 million) from MakerDAO 5 hours ago and has successively sold 706.7 MKR in exchange for 594.95 ETH at an average price of $1,218. Currently, it still holds 6,293 MKR (approximately $7.47 million), with the most recent transaction occurring 30 minutes ago.

Introduction MKR token, as the core governance token of the Maker DAO ecosystem, currently demonstrates robust market performance. Its market capitalization reaches 1.147 billion USD, holding an important position in the global cryptocurrency market. Through an in-depth analysis of the value, circulation mechanism, and its application scenarios in the DeFi field, we will explore this highly regarded investment target. MKR Token Value Analysis: Market Capitalization, Circulation, and Price Influencing Factors MKR token serves as the core governance token of the Maker DAO ecosystem, with a stable market performance. According to the latest data, the price of MKR is maintained at a level of $1,353.60, with a total market capitalization reaching $1.147 billion, accounting for 0.04% of the global cryptocurrency market. From the supply perspective, the circulating supply of MKR is 848,074 tokens, with a total supply of 874,318 tokens, and the maximum supply.

Less than a day after Sky (formerly MakerDAO) issued USDS, the circulating supply of USDS on Solana has exceeded $89 million, making it the fastest rising stablecoin. The lending platforms Save, Drift, and Kamino are offering returns of over 20% on USDS deposits. Sky encourages the use of Tokenbridge service Wormhole to transfer funds to Solana, further increasing the circulating supply.

On November 20th, Decentralized Finance protocol Sky (formerly MakerDAO) announced on social media that Stable Coin USDS is now live on the Solana network. As the first mainstream Decentralized Finance native Stable Coin on Solana, USDS unlocks new opportunities for lending and trading on the top Decentralized Finance platform in the ecosystem. In addition, early adopters can receive over 500,000 USDS per week.

According to Gate News bot, monitored by Lookonchain, 8 hours ago, 2 newly created Wallets withdrew 1,502 MKR ($2.67 million) from CEX and staked.

According to the Gate.io News bot, TheBlock reports that the Sky core governance team Atlas Axis has submitted a new proposal to the community, planning to completely upgrade the governance token of the Sky ecosystem from MKR to SKY. Sky is renamed from Maker in 2024 through the "Endgame" strategy, having previously launched USDS and SKY tokens to replace DAI and MKR respectively. According to the proposal, MKR holders can convert their tokens to SKY at a ratio of 1:24000. Starting from September 18, a 1% fee will be charged for the conversion, which will increase by 1% every three months. Once the proposal is approved, all governance rights will be transferred to the SKY Token. The conversion process is expected to be completed between May 15 and May 19, with the specific timing determined by on-chain voting. Currently, the supply of USDS has exceeded $7.5 billion.

Sky (formerly MakerDAO) has proposed a protocol upgrade plan to transition from MKR to SKY, which will make SKY the sole governance token, support staking, and unlock USDS rewards. The co-founder praised it as a "huge milestone." Although USDS and SKY serve as upgrade tokens, DAI and MKR remain in circulation, allowing users to choose a gradual transition.

According to BlockBeats news on April 10, Lookonchain monitored that 6 hours ago, a certain Whale Address spent 4 million DAI to purchase 2,827 MKR at an average price of 1,415 dollars.

PANews reported on February 20th that, according to Whale Alert monitoring, approximately 17,362 MKR were destroyed in an unknown Wallet about 1 minute ago, worth $20,210,634.

ChainCatcher news, according to Whale Alert monitoring, approximately 2 minutes ago, an unknown Wallet once again burned 20,933 MKR, worth $24,398,621, the Wallet had already burned 17,362 MKR about 40 minutes ago.

Odaily Star Daily News Sky (formerly MakerDAO) announced in X platform that it has been on Base.

Ether validators have more than 30% support for increasing the BlockGas limit, planning to raise it from 30 million to 40 million units without the need for a hard fork. This is the 'Pump the Gas' initiative proposed by developers since last year. Ethereum co-founder Vitalik Buterin also expressed support.

Odaily Planet Daily News Sky (formerly MakerDAO) disclosed data on the X platform, stating that the on-chain USDS supply of Solana has exceeded 1

On December 19th, PANews reported that as the Ethereum community has been calling for an increase in the maximum gas limit allowed to be spent in a single Ethereum block, the proportion of Ethereum validators supporting the increase in network gas limit has risen to 10%, while before December, the proportion of validators supporting an increase in gas limit was only slightly higher than 1%. This adjustment was made in the context of Ethereum community members proposing to raise the gas limit to 36 million. On March 20th, Ethereum core developer Eric Connor and former smart contract lead of MakerDAO Mariano Conti launched a project called “Pump The

ChainCatcher news, according to Cointelegraph, the Ethereum community is gradually strengthening its support for increasing the gas limit, and the percentage of validators' support has risen from 1% in December to 10%. Ethereum core developer Eric Connor and former Smart Contract lead at MakerDAO, Mariano Conti, launched the "Pump The Gas" website in March, advocating for raising the gas limit to 40 million to reduce Money Laundering by 15%-33%. They called on validators, customer teams, and the community to jointly promote this change. In December, researcher Justin Drake configured his validator with a gas limit of 36 million, further supporting this proposal. 2077

According to the Gate News bot, parsec data shows that the SKY stake module is officially launched, providing a 17.29% USDS reward yield. Data records indicate a large-scale on-chain conversion of MKR to SKY, with the largest single conversion record reaching 400,253,742 SKY, with a conversion value of approximately 29.6 million USD. As the governance token of the Sky ecosystem, SKY is an upgraded version of MKR, with a conversion ratio of 1:24,000. Source: Wu Says

PANews, June 3 news, according to Sky's official Twitter, SKY stakers can now receive USDS rewards based on protocol performance while retaining governance voting rights. Previously, on May 19, SKY was officially recognized as the only governance token of Sky Protocol, and MKR holders must upgrade to SKY to continue participating in governance and the Decentralized Finance development process. The rewards mechanism will be dynamically adjusted according to market conditions and governance decisions.

Gate News bot reports that according to Lookonchain monitoring, today 2 whales withdrew a total of 3,114 MKR (worth 5.4 million USD) from CEX, then upgraded to SKY and staked.

Sky (formerly MakerDAO) reported a loss of $5 million in the first quarter of this year, primarily due to a doubling in interest expenses paid to token holders. This stands in stark contrast to a profit of $31 million in the previous quarter. To promote the newly launched stablecoin Sky Dollar (USDS), Sky decided to replace the existing DAI by offering higher incentives.

BlockBeats news, on May 14, according to Coindesk, a report written by contributors from Steakhouse Financial indicates that Sky (formerly MakerDAO) lost 5 million USD in the first quarter of this year, due to the doubling rise of interest paid to Token holders. This loss stands in stark contrast to the previous quarter, when Sky achieved a profit of 31 million USD. The primary reason for the 102% increase in interest expenses is that Sky decided to drive user adoption of its newly launched stablecoin Sky Dollar (USDS) through higher incentives, replacing the existing.

PANews April 22 news, according to Onchain Lens monitoring, KOL @izebeleth deposited 1,537 MKR (approximately $2.07 million) into Aave V3, borrowed $700,000 USDC, and deposited it into HyperLiquid platform to open a BTC long position with 40x leverage.

CoinDesk reported that the tokenization sovereign debt products of BlackRock-Securitize, Superstate, and Centrifuge will receive funding from the $1 billion investment plan of Sky (formerly MakerDAO) to promote RWA tokenization applications on the Spark decentralized finance lending platform. The allocation includes $500 million to BUIDL, $300 million to USTB, and $200 million to JTRSY.

The tokenized US bond products of BlackRock-Securitize, Superstate, and Centrifuge will receive funding from the $1 billion investment program of Sky (formerly MakerDAO). The expected allocations are $500 million for BlackRock-Securitize's BUIDL, $300 million for Superstate's USTB, and $200 million for Centrifuge's JTRSY. These tokens can be used to support Sky's USDS stablecoin and sUSDS collateral.

Sky plans to invest $1 billion in tokenization US Treasury products from BlackRock-Securitize, Superstate, and Centrifuge to promote the adoption of RWA on the DeFi platform Spark. $500 million, $300 million, and $200 million will be invested in the three companies respectively, and the final allocation requires governance approval.

Odaily Planet Daily News According to Onchain Lens monitoring, after losing $14.14 million in PEPE and BEAM, a whale lost another $853,000 on ONDO. Subsequently, it spent 5.33 million DAI to purchase 63.42 WBTC at a price of $84,150, and purchased 1,087.32 MKR using wstETH worth $1.53 million at a price of $1,416.

Golden Finance reported that according to the on-chain analyst SpotOnChain (@spotonchain), a whale closed all positions and dumped a total of 5.35 million ONDO tokens for 5.41 million DAI about 7 hours ago, resulting in a loss of $854,000 (approximately -14%) in just one day. The whale then bought 1,050 MKR (approximately $1.48 million) at $1,404 each, and 63.416 WBTC (approximately $5.34 million) at $84,150 each.

BlockBeats news, on February 25th, according to Defillama data, when the ETH price reaches $1,926, $1,842, and $1,793, three MakerDAO positions will be liquidated. The value of each position is between $109 million and $126 million.

Blockchain-native Stable Coin will become one of the most efficient payment methods in the global economy, as traditional payment systems struggle to keep up with the development of artificial intelligence, blockchain, and the internet of things. Sky Protocol's USDS Stable Coin seamlessly integrates with AI agents to optimize payments, savings, and overall financial management, making Blockchain-native Stable Coin an ideal choice. Artificial intelligence will increasingly serve as a bridge between TradFi and blockchain systems.

BlockBeats News, on December 31, according to official sources, BIO Protocol announced that seanwbren.eth, a former member of the founding team of MakerDAO, has joined and is responsible for the AI agency business of BioDAO. BIO Protocol stated that BIO integrates different AI technologies, including using the ElizaOS framework for maximum integration, closely following Prime Intellect to use its model when available, and in SciGraph of ID Theory.

According to ChainCatcher news and Santiment analysis, after Bitcoin recently reached a historical high of $112,000, its profits are being redistributed to new altcoins. Among them, the creation rate of new wallets for Wrapped Ethereum (WETH), Gatechain (GT), and Maker (MKR), these three altcoins, has significantly increased.

Odaily Planet Daily reported that according to Santiment analysis, after Bitcoin recently reached a historical high of $112,000, its profits are being redistributed to new altcoins. Among them, the new wallet creation rates for Wrapped Ethereum (WETH), Gatechain (GT), and Maker (MKR) are particularly high.

BlockBeats News, on March 17, according to Spotonchain monitoring, a giant whale hoarded 374,333 UNI, worth $2.3 million, and 1,735 MKR, worth $2.06 million, in the past 18 hours.

BlockBeats News, on March 10, according to DefiLlama data, Ethereum had a potential on-chain liquidation of $128 million at $1919.266. The main one is the liquidation of the MakerDAO protocol, which is worth $127.8 million.

Golden Finance reported that, according to The Data Nerd, a Whale withdrew 669 MKR (about $1.02 million) 30 minutes ago. The Address has withdrawn a total of 1397 MKR in the past 24 hours. Two years ago, the Address accumulated a purchase of 3234 MKR, with an average price of $757.

PANews reported on February 24th that Sky (formerly MakerDAO) co-founder Rune posted on X platform, stating that the Sky Smart Burn Engine has been activated, which will burn approximately 1 million USDS tokens daily.

PANews

According to BlockBeats news on April 25, monitored by Onchain Lens, a Whale spent 1.5 million USDS to purchase 995 MKR at a price of $1,508, entering MKR nearly 2 months later. Previously, this Whale lost $138,000 in MKR trading.

Gate.io News bot message, a large investor in crypto assets invested $1.5 million USD to purchase 995 MKR tokens at a price of $1,508 each, marking the first purchase of MKR by this address in nearly 2 months. The data shows that the Large Investors previously lost $138,000 in MKR trading. The transaction address is: 0xbd1ffc762f55f15085bacfe60100b114e654303b

Gate.io News bot, according to on-chain data, the mysterious organization "7 Siblings" has completed a large token swap transaction in the past two days. The organization exchanged 1,611 MKR (worth $2.25 million) for 1,364 ETH. According to Lookonchain's report, "7 Siblings" previously purchased 24,817 ETH at a price of $1,700 on February 3, with a total expenditure of $42.2 million. Since February 3, the organization has invested a total of $229.7 million, acquiring 103,543 ETH at an average price of $2,219. Currently, "7 Siblings" holds over 1.21 million ETH across its two wallets, with a total value of $1.93 billion.

On April 4th, a Whale account purchased 953.3 MKR and 230,500 PENDLE within 7 hours, buying 42,900 HYPE at prices of $11.25 and $11.49. At the same time, it sold part of its LINK and AAVE assets, incurring a loss of $506,000.

A Whale cashed in after the pump in the MKR price, making a profit of $418,000 in the past month, with a total profit of $2.27 million and a 100% win rate.

Odaily Planet Daily News According to Sky (formerly MakerDAO) disclosed on X platform, the USDS supply exceeds 15

MakerDAO voted to maintain the brand reshaping and rename it to Sky, with nearly 80% support for retaining the 'Sky' backend protocol brand despite opposition. Four entities account for almost all voting shares, with each entity accounting for approximately 20% of the votes, and one large entity opposing the proposal.

DFG founder James responded to UNI and MKR, which were suspected of hoarding $18.68 million, saying that the address was held by Jsquare's own funds and had nothing to do with DFG. Jsquare recently closed a new $50 million fund raising that will invest heavily in the project. $18.68 million in UNI and MKR hoarded at the original address.

According to ChainCatcher, since September 17, 2024, the supply of the native stablecoin USDS launched by Sky Protocol (formerly known as MakerDAO) has risen from 98.5 million to 2.32 billion, an increase of 135%, as reported by The Block. At the same time, the supply of Stable Coin DAI managed by the original MakerDAO decreased from 5.29 billion to 3.62 billion.