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Category Sky

DeFi Lending is still the most closely watched crypto sector even after market crash

DeFi Lending is still the most closely watched crypto sector even after market crash

DeFi lending is one of the closely watched crypto sectors. The sector is a proxy for ETH recovery, while also becoming a key producer for fees and ...
Sky Protocol’s stablecoin USDS flips Ethena’s USDe

Sky Protocol’s stablecoin USDS flips Ethena’s USDe

Sky Protocol is trying to flip Ethena as the more active DeFi app, with a higher supply of stablecoins. The recent market downturn is affecting DeF...
Sky governance vote raises savings rate to 8.75%

Sky governance vote raises savings rate to 8.75%

The Sky ecosystem decreased the USDS general savings rate to 8.75% to reflect the weakening market conditions for its main collateral assets, ETH a...
Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

As of this week, Sky, the decentralized finance (defi) initiative previously recognized as Makerdao, has witnessed its newly launched stablecoin, U...
Sky Protocol (Maker DAO) posts record December fees, closes the second most successful year since 2021

Sky Protocol (Maker DAO) posts record December fees, closes the second most successful year since 2021

Sky Protocol, formerly MakerDAO, achieved peak monthly fees in December. The lending protocol expanded through its Spark sub-DAO, aiming to regain ...