Looks like Sky is feeling nostalgic! MakerDAO might be back in the spotlight after Sky got rejected by the community. They say, "If it ain't broke, don't fix it,"..
- Actually the new face made the community very unhappy and the MKR lost 33% of it's value after the "Sky" went down in their troughs.. I seems the massive losses has spoke louder.
What made people so unhappy ?
- Sky is Inflationary
- MKR had a fixed supply
- They are Holding a parity from MKR to SKY on 1:24,000 ratio
- Basically, the tokenomics were Destroyed according to the community
Obviously SKY had some positive changes as simpler UX, new partnerships but that could be achieved with MKR anyway!
Do you invest in MKR? Want me to draw the TA? It looks like an Opportunity price..(U$ 1150/MKR) Not financial advice! Show Less
