MakerDAO Tokenomics Overhaul: Sky’s Rebranding and Deflationary Approach to Governance

Rune Christensen, CEO of Sky (formerly MakerDAO), has proposed a strict deflationary approach for MakerDAO’s governance token ahead of the upcoming rebranding vote.

If approved, the proposed tokenomics will eliminate token emissions under regular conditions, transforming the token structure to be strictly deflationary. The existing Maker brand will be retained, as an exception exists only in cases of significant financial shortfall.

The ecosystem will introduce “Star Token Rewards,” including Spark (SPK), which token holders can earn through governance participation and activation of Maker’s Seal Engine.

This proposal envisions Spark and Sky as complementary “Stars” within MakerDAO’s ecosystem, targeting both the supply and demand sides.

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