Rune Christensen reported that MakerDAO achieved $338 million in annualized profit after Sky Core cost cuts, while MKR briefly exceeded $1,800 before retreating to $1,739.5 with strong 24-hour gains.
MakerDAO founder Rune Christensen announced that after reducing Sky Core expenses, the platform reached an annualized profit of $338 million based on the last three months of fee income and savings rate costs. The update provided real-time profitability metrics, highlighting the financial impact of simplification measures. At the same time, Maker’s governance token MKR briefly surpassed $1,800 before retreating to $1,739.5, marking an 8.64% increase over the past 24 hours.