$MKR
The Era Transition from MKR to SKY
MakerDAO's governance token MKR is about to be exchanged for SKY in September.
Exchange ratio: 1 MKR = 24,000 SKY.
This means that an old DeFi story is being dismantled, reorganized, and rebranded.
Currently, MKR's market value is only 1.5 billion USD, which appears low-key among DeFi OGs.
If SKY successfully takes on the new narrative and pushes the market value to 3-4 billion:
My 24,000 SKY could be worth approximately 3,600-4,680 USD.
This is not a short-term fantasy, but a reboot of an old system.
The question is: Can USDS (the new form of DAI) break through?
If it can overcome the monopoly of centralized stablecoins, SKY will not just be a rebranding, but a rebirth.