BlockFi vs Sky (formerly MakerDAO)

BlockFi was a Jersey City-based crypto lender offering interest accounts and crypto-backed loans that filed for Chapter 11 bankruptcy in November 2022 due to its exposure to the collapsing FTX, and wound down through 2023-2024.

Blockchain / Crypto

Sky (formerly MakerDAO)

Decentralized protocol behind the USDS and DAI stablecoins, governed by the SKY token; formerly MakerDAO.

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