The Sky Agent Network is growing.
8 new capital allocators join Sky Ecosystem via Obex, with up to $1B in USDS borrowed from Sky Protocol.
The largest capital deployment from a decentralized protocol into a coordinated cohort of capital allocators ↓
The window to upgrade MKR to SKY before the next Delayed Upgrade Penalty increase is closing.
The penalty will increase to 4%, reducing the amount of SKY received when upgrading MKR.
Upgrade before the change takes effect ↓
https://t.co/YsQzwd2ZqI
A reminder for anyone still holding MKR.
Starting June 4, the Delayed Upgrade Penalty increases to 4%, meaning the longer you wait to upgrade from MKR to SKY, the less SKY you receive per MKR.
Upgrade at https://t.co/t3MCAP4G40 ↓
The current fixed rate on sUSDS through @pendle_fi is 5.42% (26 Nov maturity).
The Sky Savings Rate is currently at 3.60%.
Two ways to access yield on the world's largest yield-generating stablecoin.
Choose the one that fits your time horizon ↓
https://t.co/t3MCAP4G40 just launched Fixed Yield in partnership with @pendle_fi.
A known return at a known date, built on sUSDS, the world's largest yield-generating stablecoin.
Full breakdown on how it works ↓
Set a rate. Hold until a known date. Receive the yield you set.
Fixed Yield is now live on https://t.co/w43dax3I2J, built together with @pendle_fi.
Here’s how it works ↓
"Sky's risk framework is based on the Basel framework, the same capital adequacy standard that has governed traditional banking for decades."
@RuneKek walking through how Sky Agents are required to put up first-loss capital proportional to the risk of the assets they deploy, ensuring USDS holders hold the super senior position.
Watch the full clip below ↓
The first Osero Earn integration is live.
@AnomaPay users can now earn the 3.6% APY Sky Savings Rate through the first private onchain savings account.
May was a significant month for Sky Ecosystem.
We published our strongest Q1 on record, hosted our first Insights Call, launched the Financial Dashboard, welcomed a new Sky Agent, and expanded distribution through two major partnerships.
Here is everything that happened ↓
A significant month for Sky Ecosystem, Sky Protocol's strongest Q1 on record published, new agents activated, new institutional hires, and major distribution partnerships established.
The Sky Agent Network keeps expanding. The yield base keeps diversifying. The work continues.