TechFlow news, on October 31, Rune Christensen, founder of MakerDAO (now renamed Sky), announced plans to propose an additional proposal to transition the core token—whether MKR or SKY—to a strictly deflationary tokenomics model.
Under this model, no new tokens would be issued under normal circumstances, and the total supply would only decrease over time as tokens are permanently removed from circulation through a burn mechanism. The sole exception would be in cases of collateral shortfall, which could put USDS and DAI at risk of insolvency—a scenario reflecting the original MKR token economics.
Notably, the core token (MKR or SKY) will still enable users to earn rewards in sister tokens such as Spark's SPK by participating in designated activities. This supplementary proposal follows the recent rebranding decision and will go to vote next week (November 11–14), with further details to be released later this week.
