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Sky

@SkyEcosystem

Oct 29, 2024

Qualified users who earned boosted SKY rewards from the Sky Protocol's Early Bird campaign can now claim them in the Sky App!

Claiming is available until the end of 2024.

To claim your rewards:

• Head to
• Open the Rewards tab.
• Click Claim Boosted Rewards.

It’s that simple.app.sky.money

Some of the Sky Protocol’s features, such as MKR Sealing, are not accessible through Sky.money in certain jurisdictions, including the US. For details on eligibility, please review our Terms of Use: docs.sky.money/legal-terms

Read 4 tweets

Sky

@SkyEcosystem

Oct 3, 2024

sUSDS: non-custodial saving rewards.

When you supply USDS to the decentralized Sky Savings Rate (SSR) module, you receive sUSDS.

These sUSDS tokens are the digital record of your supplied USDS and automatically accumulate your earned rewards, in accordance with the current SSR decided by Governance.

When you choose to redeem your sUSDS for USDS, which you can do anytime, the total USDS you will receive will equal the amount you originally supplied, plus any additional USDS accumulated as rewards.

How does sUSDS work?

• Supply USDS: Supply USDS to the SSR through app.sky.money/?widget=savings, and receive sUSDS tokens as proof of your deposit. The SSR module is a decentralized component of the Sky Protocol, ensuring that you maintain full control over your assets at all times.

• Earn rewards: As the Sky Protocol adds more USDS to the pool, the value of your sUSDS balance grows automatically.

• Redeem anytime: Withdraw your USDS and rewards whenever you want. No fees or restrictions, aside from the blockchain gas fee.

Some of the Sky Protocol’s features, such as Sky Token Rewards and Sky Savings Rate, are not accessible through Sky.money in certain jurisdictions, including the US. For details on eligibility, please review our Terms of Use: docs.sky.money/legal-terms

Read 4 tweets

Sky

@SkyEcosystem

Sep 18, 2024

.@ChronicleLabs points are now live, exclusively on the Sky Protocol, and can be accessed via the app.

Through the Sky Token Rewards feature, users can supply their USDS and start earning Chronicle Points, later claimable for Chronicle tokens at a rate of 10 points → 1 Chronicle token (CLE)

What makes Chronicle a key infrastructure player in the DeFi space? Let’s take a closer look.Sky.money

Chronicle is currently the second-largest Oracle network by Total Value Secured (TVS), securing $22 billion at its peak.

It's also the longest-operating Oracle protocol and the first Oracle on Ethereum, originally invented to secure the Maker Protocol and Dai stablecoin.

Today, Chronicle’s decentralized Oracle network is utilized by major projects, including Circle, Coinbase, M^0, Centrifuge, Gnosis Pay, Morpho, and Euler, raising the industry standard for Oracles and the overall security and resilience of DeFi.

Read 5 tweets

Sky

@SkyEcosystem

Sep 18, 2024

USDS and SKY are live on Ethereum along with DeFi features powered by the decentralized Sky Protocol, all available at . Sky.money

Upgrade to USDS and SKY.

Use the Upgrade feature to go from DAI to USDS at a 1:1 rate, unlocking all the new features within the Sky Ecosystem, such as Sky Token Rewards and the Sky Savings Rate.

You can also upgrade your MKR to SKY at a rate of 1 MKR → 24,000 SKY.

Upgrading is optional, and you can convert USDS and SKY back to DAI and MKR anytime.

Trade your crypto for USDS or SKY to access Sky's features.

Powered by @CoWSwap protocol, trading through optimizes liquidity and protects your transactions from MEV, ensuring no lost value.

Get USDS and SKY with the most user-protective trading protocol in DeFi.Sky.money

Read 6 tweets

Sky

@SkyEcosystem

Sep 3, 2024

Sky Aave Force, gearing up for deployment.

An unprecedented initiative by @SkyEcosystem and @Aave to accelerate the next wave of DeFi adoption.

Conceived by @RuneKek and @StaniKulechov in collaboration with @phoenixlabsdev and @AaveChan, the proposal includes:

• Integration of USDS and sUSDS on the Aave V3 market with native token rewards.
• SKY-sUSDS converter on the Aave interface.
• SPK token airdrop for Aave market suppliers.
• Sky Protocol-powered USDS liquidity injection into Aave’s stETH market.

Dive into the details.

Sky forum proposal:

Aave forum proposal: forum.makerdao.com/t/spark-propos…
governance.aave.com/t/temp-check-o…

Read 4 tweets

Sky

@SkyEcosystem

Aug 27, 2024

Sky is here.

The best and easiest place to get rewarded for saving without giving up control.

Discover the upgraded tokens, new features, and boosted Sky Token Rewards for early sign-ups. Follow this thread for the latest news and updates about SkyLaunch.

With the launch of Sky, the upgraded tokens are introduced:

• $SKY: The upgraded version of MKR and governance token of the Sky ecosystem. Each MKR can be upgraded to 24,000 SKY.

• $USDS (Sky Dollar): The upgraded version of DAI, USDS is a stablecoin that gives access to native token rewards.

Powered by the decentralized Sky Protocol, will offer seamless and non-custodial access to Sky’s tokens and rewards through an exceptional user experience:

• Getting $USDS: Upgrade your DAI to USDS at a 1:1 ratio. will also allow seamless swapping of ETH, USDC, and USDT into USDS.

• Sky Token Rewards: Get SKY tokens by supplying your USDS to the Sky Protocol through the app. You always maintain control over your assets, as doesn’t custody them, allowing you to withdraw at any time without restrictions. Future updates may enable users to earn tokens from other decentralized projects, if accepted by the decentralized governance of the Sky protocol.

• Sky Savings Rate: Grow your Sky Dollar savings through a reliable system that has successfully secured billions of dollars for years.Sky.money
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