Sun not only transferred 3,800 MKR tokens valued at around $9.3 million to Binance, but also holds sway over MakerDAO, a prominent player in the DeFi sector. MKR is the governance token of MakerDAO, allowing token holders to partake in decision-making processes that impact the Maker protocol, such as the creation of the stablecoin DAI. With a substantial MKR holding, Sun is strategically positioned to exert influence over MakerDAO’s governance and potentially exploit its value for upcoming financial strategies.
