Maker (now Sky)’s new stablecoin’s freezing feature raises centralization questions

avatar
ODAILY
08-28
This article is machine translated
Show original
Odaily Odaily News Crypto KOL Laurence and others said that Maker (now Sky)'s new stablecoin USDS has a function that allows its issuer to freeze tokens. Maker has also been questioned about centralization. In response, Maker co-founder Rune Christensen clarified that there will be no freezing function when the new protocol is released, only an upgrade function, "so later governance can decide how to implement similar freezing functions based on considering all data and find ways to prevent risk factors as much as possible." (Cointelegraph)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments