Standard Chartered sees Sky 5x by 2028 from the price it trades at today, and my old Maker trade sits right on the chart. Full $SKY breakdown:
0:00 A bank says 5x
1:20 DeFi's federal bank
3:00 What holders get
4:44 The bear case
5:36 Weekly + daily
6:39 My plan
Sky Is DeFi's Federal Bank, Says Standard Chartered
$SKY (the old MakerDAO): Standard Chartered's 5x call, Galaxy's $100M, what Stage 2 pays holders, the bear case, the weekly chart and my plan.
Galaxy put $100M of sUSDS on its corporate balance sheet and made it collateral for 1,600+ trading counterparties. Clients keep earning Sky's savings rate while the loan is open.
A Nasdaq-listed firm now uses a DeFi dollar as working collateral. $SKY 🧵
Galaxy, Standard Chartered, S&P, Moody's, and where $SKY sits now: youtu.be/aeXKyIzqRfg
Sky sent ~$5M to $SKY holders in September through buybacks and staking rewards, double August's ~$2.5M. First full month of its Stage 2 framework.
Burns went from 2.86M SKY in September to 7.37M in October. Small next to 23.4B supply. Staking is where the money moves. 🧵
The full Stage 2 split and why the payout has room to grow: youtu.be/aeXKyIzqRfg
Standard Chartered set a $0.32 target on $SKY for end-2028 when Sky traded near $0.065.
Six weeks later price is back there, while Galaxy put $100M into Sky's dollar and S&P and Moody's both rated the protocol.
What changed in between 🧵👇 1/2
What actually reaches $SKY holders, and how my old Maker trade lines up with the chart: youtu.be/aeXKyIzqRfg
2.11 longs for every short.
That's the average long/short ratio across Bitget, Binance, OKX, Gate and Bybit today, the most crowded long since July. It built up while $BTC slid all week.
When the crowd leans this hard into weakness, the flush tends to come before the bounce.
Polygon now holds 37 U.S. money transmitter licenses across 48 states, its entry into the market Visa and Stripe run. Full $POL breakdown:
0:00 Licensed in 48 states
0:21 POL and Bitcoin
1:06 The Coinme deal
3:04 What reaches holders
5:14 Weekly + daily
7:16 The pool
Polygon Is Now A Licensed U.S. Payments Company. $POL
Polygon $POL after the Coinme deal: 48-state licenses, Open Money Stack clients, Tron and Sparkasse, the negative earnings explained, the Bitcoin line, the weekly chart and my pool.
Ethereum kept $5.45M in revenue over the last 30 days. Sky kept $28.8M. Lido kept $5.08M on a $312M market cap, as much as Ethereum on a valuation over 900x smaller.
The cash is made one floor up, in the apps, and $ETH is still priced 175x above $SKY. If money rotates into DeFi, that gap is the trade.
Bitcoin, Ethereum, XRP, Solana and Polygon. That's the whole crypto menu Germany's Sparkasse savings banks offer through Deka.
50M customers is the potential reach, German residents only. Still, $POL made a 5-coin shortlist at Europe's biggest savings bank network. 🧵
Sparkasse, Tron, Coinme and what actually reaches Polygon $POL holders: youtu.be/B8W-6M5j_VQ
Alt season needs Bitcoin to get boring first, and it’s nowhere near boring.
Total market cap is down 3.7% today, $BTC is down 0.9%, dominance sits at 59.5%.
When things get ugly, money still hides in Bitcoin. Until dominance rolls over, alt bounces get sold.
Polygon's earnings turned negative for 3 straight weeks: ~$290K in revenue vs ~$484K in token incentives in the week of Oct 12.
The jump lines up with the 7.7% $POL staking boost that started Oct 1, paid from 27.3M POL in fees the network already collected. It ends Dec 1. 🧵
Why I read that negative bar the way I do, and what I'm watching for Polygon $POL after Dec 1: youtu.be/B8W-6M5j_VQ
37 state money transmitter licenses, 11 exemptions, 48 U.S. states.
Polygon Labs closed its Coinme deal on Oct 14 and now runs a regulated payments business. Meanwhile $POL sits on its daily 200 SMA, at the floor of a 2-month range.
What actually reaches holders 🧵👇
What the licenses change for Polygon $POL holders, and the Bitcoin line my plan depends on: youtu.be/B8W-6M5j_VQ












