project

Sky Protocol

Decentralized finance protocol that issues the USDS stablecoin and the sUSDS savings token, governed by holders of the SKY token.

Known aliases

MakerDAO
Sky
Sky Ecosystem

Relationships

No evidence-backed relationships are recorded.

Current clusters

invest1 publisher

Ondo and BlackRock pitch a Treasury fund capped at $25 million a day for Sky's $1 billion tokenization pool

Ondo, BlackRock and Securitize pitched OUSG for Sky's roughly $1 billion tokenization allocation, offering 24/7 redemptions capped at $25 million a day. Much of OUSG's money sat in BlackRock's BUIDL fund, so BlackRock manages the underlying Treasuries whether Sky chooses OUSG or BUIDL.

Publishers:crowdfundinsider.com

Reality

Evidence35
Adoption20
Hype gap+30
Incentives75
Confidence40

invest2 publishers

Galaxy's $100 million sUSDS stake is a fifth of the credit line Sky's Grove extends to it

Galaxy Digital moved $100 million, about 4% of its cash and stablecoins, into Sky's sUSDS and opened the token as loan collateral. Galaxy already borrows from Sky's lending agents, so the purchase deepens a funding tie with its own creditor.

Publishers:crowdfundinsider.comtheblock.co

Reality

Evidence55
Adoption50
Hype gap+10
Incentives75
Confidence60