
Maker
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DeFi
About MakerMaker (MKR) is the legacy governance token of MakerDAO, which rebranded to Sky Protocol in August 2024, moving governance and new-protocol activity to a new token, SKY (DAI similarly has an optional upgrade path to USDS). MKR holders can convert to SKY at a fixed 1:24,000 ratio, though a late-conversion penalty introduced in September 2025 grows over time to encourage migration. MKR no longer carries live governance rights but continues to trade on exchanges as a legacy asset.
Assets Details 
Access Model
Redeemable
-Attestations
-CEX Listed
-KYC to mint or redeem
-Transferable
-Self Custody
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