Casually crossing 5 billion TVL

SKY token rewards on USDS now at 16.38% No lockup and USDS has instant 1:1 liquidity with USDC and secure, diversified collateral

USDS just launched on Solana, and is directly available and integrated on most major Solana DeFi protocols such as Jupiter, Kamino and Drift! Users of USDS on the supported platforms will automatically get the Sky Savings Rate, giving 8.5% plus 500k per week of incentives on top

Governance vote concluded: Sky stays as the brand for the backend protocol powering USDS - the stablecoin with access to native token rewards and savings rate Next: SKY token will switch to deflationary tokenomics without emissions (pending governance) vote.makerdao.com/polling/Qm…

Sky Launch wasn't a rebrand, it was a huge amount of features including: * A new stablecoin: USDS, which has now surpassed 1.2 billion market cap within 5 weeks * A new frontend Sky.money which has had more than 400k visits and is the main driver of the USDS growth * Advanced features including a making the entire system natively multichain, multi-protocol and multichain collateral allocation, Scalable Spark/Star subgovernance system, Seal Engine which incentivizes governance, and so much more Since may 2023 41.0M DAI and 13,085 MKR was spent in total by the DAO, to achieve all of these objectives - this also includes more mundane day to day work like monetizing the collateral portfolio with multiple RWA projects, bringing total revenue to 290m and profits to 70m annually forum.sky.money/t/capital-tr… In addition to all that, the backend protocol was also rebranded from Maker to Sky, to align with the sky.money app. <- this is the part that's currently up for debate. Changing that isn't gonna throw out any of the other work, and it doesn't mean that Sky.money would be less functional. Really all it changes is that it goes from Sky - formerly Maker to Sky - powered by Maker