- OpenOCEAN now supports Sky Ecosystem on Ethereum and Base, making an efficient trade of USDS, Suss and USDC in multiple blockchain networks possible.
- Sky Ecosystem, formerly Makerdao, migrates MKR to Sky, aimed at a seamless transition with a 24,000 heaven per MKR -Wrapper conversion.
OpenOCEAN, a prominent aggregator for digital assets trade, now officially supports Sky Ecosystem on the Ethereum and Base networks. This choice gives users more opportunities to effectively trade USDS, SUDS and USDC tokens.
Easier access to Sky Ecosystem
The support of OpenOCEAN for Sky Ecosystem opens the path for more traders to reach further depths of liquidity. Previously known as Makerdao, Sky is now working on the USDS Munt To increase the power of his ecosystem. Users can exchange digital assets more easily because they are not limited to a single platform.
On the other hand, the basic network – a layer 2 developed by Coinbase – offers further transaction -efficiency, which accelerates and reduce trading costs. OpenOCEAN uses this possibility to guarantee the most ideal trade experience of Sky Ecosystem users.
OpenOcean now supports @skyecosystem prev. Makerdao on both Ethereum and Base! 🌊
You can seamlessly trade $ USDS, $ suss and $ USDC on #base & #eteereum.
Enjoy improved liquidity on OpenOCEAN:
👉 https://t.co/ja7VBDK29T#Sparkpsm– OpenOCEAN – A leading Defi -Aggreator (@Openoceanglobal) January 24, 2025
Travel to a new identity
According to CNF Prior reportSky founder Rune Christensen has announced plans to migrate completely to his new brand by 2025. The change from MKR tokens to Sky Tokens marks one of the most important turns in this process. This step wants to offer the ambiguity within the crypto community and offer clarification about the new path that SKY Ecosystem follows.
This migration movement Is still progress from January 30, 2025 and is not completely finished. By designating MKR as a “wrapper” who reflects 24,000 heaven per MKR, Sky hopes to speed up this transition throughout the year. That is why MKR holders will probably migrate to Sky to enjoy the entire benefits of this new ecosystem.
Expansion to Solana
Through an interface with Wormhole’s Native Token Transfer (NTT), Sky Ecosystem also expands its influence on the Solana network. This promotion increases cross-chain liquidity and gives users more flexibility by having Sky and USDS-Tokens be transferred between Ethereum and Solana.
Credit : cryptonews.net
