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A governance proposal to rebrand decentralized finance lending and borrowing protocol Sky back to Maker has been rejected in a vote dominated by a handful of whales. “Sky ecosystem governance has concluded an onchain vote to continue using the Sky brand as the primary backend protocol of the ecosystem,” the DeFi protocol team stated in a post on X on Nov. 8. It added that the decision “supports the ongoing transition from MKR to SKY and establishes Sky as the core brand.” The governance vote was held on Nov. 4, which was recently concluded with the “Keep the Sky brand as the backend protocol b…

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