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Sky: 14 Million USDS Currently Earning Chronicle Points

Sky: 14 Million USDS Currently Earning Chronicle Points

Bitget2024/10/24 14:53

Sky (formerly MakerDAO), a decentralized stablecoin protocol, posted on X that 14 million USDS are currently earning Chronicle points, which will later be exchanged for CLE tokens (at a rate of 10 Chronicle points per CLE token.) Chronicle's history dates back to the early days of Maker. The history of Chronicle dates back to the early days of Maker, when there was no decentralized prophecy machine on Ether at the time of the development of DAI, so Chronicle was created as a prophecy machine for the Maker protocol, making it the first decentralized prophecy machine on Ether, and was spun off as a standalone project at the end of 2023. Chronicle has now secured over $8.4 billion in assets and has been in continuous operation for over 7 years.

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