RWAs are about to have their stablecoin moment.
Introducing Grove Basin: programmable credit infrastructure enabling eligible tokenholders instant stablecoin liquidity for approved exits from tokenized offchain assets.
Up to $1 bn in committed daily liquidity.
Tap in ๐ฐ
https://t.co/MTE5XbdURu is becoming a separate and distinct product from Sky Ecosystem (which now lives on https://t.co/iFIG3C9yZC)
This means a cleaner focus on product, providing the best UX and opportunities Sky has to offer
Never fade the power of the Sky Agent Framework
https://t.co/w43dax3I2J has a new home.
The primary gateway to the Sky Savings Rate through sUSDS.
Access competitive yield on stablecoins through a suite of onchain tools from Sky Protocol, all in one place.
Here's what you can do on https://t.co/w43dax3I2J โ
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A pharmaceutical company has rebranded into a SKY treasury company and acquired nearly 9% of the total circulating supply.
Stablecoin Development Corp, FKA as NovaBay, closed a $134M private placement with backing from R01, Framework, and Tether. The primary goal for this vehicle is centered USDS protocol governance.
Feel like this went entirely under the radar today.
SKY Weekly Buyback Update
Following the governance proposal executed on March 14, the buyback pace has been adjusted.
Reflecting this change, Sky Protocol's programmatic buyback mechanism allocated $587k to open-market SKY purchases this week.
Cumulative buybacks since program inception: $117.3M.
Subject to change through decentralized governance.
Sky just hit its best year on record. 86% supply growth. $435M in revenue.
The world's largest decentralised yield engine is scaling fast, and we're joining to accelerate this stage of growth.
Stablewatch is now a core contributor to @SkyEcosystem's Risk & Data Engine.
Sky Frontier Foundation is hiring a Head of Legal.
This role will help shape how legal operates across one of DeFiโs most established ecosystems, spanning legal architecture, governance structures, entities, and external counsel.
If that sounds like you, apply below ๐
The next era of humanity is going to be remembered as: "The bloat". AI is waaaay too verbose. Everything is bloated, the art of synthesis is human quality... So far...