Whales prevent DeFi protocol Sky from reverting back to Maker, highlighting power concentration.

From CoinTelegraph
November 8, 2024 12:21:53 am:

Four MKR whales dominated the vote for sticking with the Sky rebrand, holding 98% of the voting power. The decision highlights the concentration of power among a few major holders in the MakerDAO community.

Read more at Cointelegraph: Whale voters squash plan to rebrand DeFi protocol Sky back to Maker