Source: FinanceFeeds

MakerDAO: Sky under fire for using external account to manage $756M reserves

Sky, previously known as MakerDAO, is under fire for using an externally owned account (EOA) to manage $756 million in USD Coin (USDC) reserves within its lite peg stability module (PSM).

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Est. Annual Revenue
$100K-5.0M
Est. Employees
100-250
Rune Christensen's photo - Co-Founder & CEO of MakerDAO

Co-Founder & CEO

Rune Christensen

CEO Approval Rating

90/100

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