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Maker (now Sky) Co-founder responds to the new stablecoin with a freezing function: There will be no freezing function when the protocol is released, only an upgrade function

BlockBeats news, on August 28, crypto KOL laurence and others said that Maker's (now Sky) 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 DAI will continue to function as before and can still be used, upgrading to USDS is optional, and only USDS will have a freezing function. DAI is an immutable smart contract that cannot be changed. In fact, the new protocol will not have a freezing function at launch, only the ability to upgrade. This means that future governance can decide how to implement a mechanism similar to the freezing function based on the consideration of all data to prevent various risk factors as much as possible.

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