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Sky SKY

BUY

$0.0774931

-0.3% (24h)

Marketcap

$1,794,538,042

Volume 24h

$11,516,044


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Description

Sky (SKY), formerly known as MakerDAO, represents the evolution of the protocol that introduced the first decentralized stablecoin to the crypto market. This rebranding is part of the "Endgame" strategy, aimed at making the entire ecosystem more scalable and accessible through new, user-friendly interfaces. The SKY token serves as the primary governance engine, allowing holders to vote on risk parameters and the management of the new USDS stablecoin. The project focuses on integrating Real-World Assets (RWA) to diversify its reserves and ensure long-term financial stability.