Demex Daily #274: Tron DAO Adopts Chainlink for DeFi as Revenue Surges

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Tron DAO announced it will switch from its previous oracle provider, WinkLink, to Chainlink for its DeFi applications, JustLend and JustStable, which collectively hold over $6.5 billion in total value locked. This integration is part of the Chainlink Scale program, aimed at accelerating Tron’s DeFi ecosystem growth. Initially, Tron will cover operational costs for Chainlink's services, with plans to transition these costs to DApp user fees over time. This move comes amid a surge in memecoin activity, which has driven Tron’s revenue to a record $151.2 million in Q3, despite a recent decline in the daily launch of new tokens.

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Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary tokenomics model for the governance token as the community prepares for a vote on whether to revert to the Maker brand or adopt Sky fully on November 11. If approved, the plan would eliminate regular token emissions, focusing on a burning mechanism to reduce total supply, with exceptions only for financial emergencies. The proposal introduces “Star Token Rewards,” including Spark (SPK), to incentivize governance participation. The community vote will determine the brand's future and how MKR tokens may be converted into Wrapped Sky Tokens (SKY24K) if the Sky identity is adopted, or become OLD_SKY if Maker remains. The transition aims to enhance engagement and adoption within the ecosystem, with voting scheduled from November 11 to 14.

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