Retro
1.9K posts





Most revenue in crypto sits with 2-3 major players in each vertical. I actually think that’s healthy. Look at GPU's, AI, email, or social media. A few names usually dominate for a while, but that changes once a better product shows up. I mapped out the main crypto verticals and how concentrated they are ↓



Sky Protocol governance released a proposal to strengthen the protocol's capital foundation, with voting open until March 12, 4PM UTC. A temporary buyback reallocation has been suggested to further strengthen USDS, which recently surpassed $11B in supply. Here's what could change and why 👇

Apps using @privy_io wallets can now offer @SkyEcosystem's Sky Savings Rate through a new integration, enabling users to deposit USDS to receive sUSDS. With 110M wallets across 2,000+ apps in 180 countries, this brings sUSDS to one of the largest wallet infrastructure networks globally.


24 hours after launch, Sky Protocol's USDT and USDC Risk Capital Vaults on @Morpho have crossed $59M in combined deposits. Both vaults currently yielding 8% APY.






New USDT & USDC Risk Capital Vaults are live on @Morpho, alongside markets against stUSDS. • USDT/USDC holders can supply to the vaults to get exposure to stUSDS rates and extra USDS incentives. • stUSDS holders can borrow USDT or USDC against their stUSDS position.








