This proposal reflects Sky Protocol's ongoing focus on keeping its rate framework efficient as the ecosystem scales.
You can find the full proposal here: forum.skyeco.com/t/atlas-edit-w…
English
Sky
10.8K posts
Sky
@SkyEcosystem
A global savings and capital allocation network managing billions in diversified assets, powering the Sky Savings Rate. Access Sky Savings products - https://t.co/z2JY5TaKkn
Katılım Nisan 2015
152 Takip Edilen292.7K Takipçiler
Sky Protocol absorbs this reduction in full, so more value stays with Sky Agents instead, directly improving their profitability.
That widens margin on every existing allocation and unlocks strategies that were previously too marginal to pursue.
Deploying capital across the ecosystem gets cheaper as a result, supporting its continued growth.
English
Sky retweetledi
Over the past year, @SkyEcosystem and @ethena generated almost identical fees.
→ Sky: ~$413M
→ Ethena: ~$362M
But they differ on protocol revenue:
→ Sky: ~$240M
→ Ethena: ~$12.4M
The difference comes down to their business models.
Sky earns from borrower fees and yield on stablecoin collateral. It keeps most of it at the protocol level.
In comparison, Ethena earns from hedged collateral (funding and basis trades). Most of that goes to sUSDe holders as yield.
This makes Ethena more exposed when funding rates drop. You can see it in the 1m TVL change over the past month:
→ Sky: +0.5%
→ Ethena: -16%
Both generated hundreds of millions in fees, but Sky captured more value for the protocol.
English
Sky retweetledi
Grove now provides the capital behind @galaxyhq's institutional loan origination, secured against the full loan portfolio and by the crypto collateral pledged for each loan.
Another institutional counterparty building on USDS capital.
Grove Finance@grovedotfinance
Grove and Galaxy Digital Announce $500 Million Warehouse Lending Facility Grove serves as the warehouse lender, financing @galaxyhq's origination of institutional loans secured by digital assets.
English
In onchain finance, the most valuable infrastructure is often the least visible.
Risk frameworks.
Liquidity rails.
Governance controls.
Loss absorption mechanisms.
The market notices them most when they are missing.
Sky Ecosystem was built around them from the start.
English
@sparkdotfi @arbitrum @USDT0_to @LayerZero_Core Congrats on the integration, it's a big step for savings onchain 👏
English
Spark Savings on Arbitrum now supports USDT0.
Builders can now integrate savings across USDC, USDS and USDT0, supporting stablecoins representing over 90% of @Arbitrum's stablecoin supply.
Embed Spark Savings directly into your application using standard ERC-4626 vaults.
Learn more: @spark-11/spark-savings-on-arbitrum-now-supports-usdt0?referrer=0xA45F1D29943D19dff604133287047a35ccbADc8a" target="_blank" rel="nofollow noopener">paragraph.com/@spark-11/spar…
English
Sky retweetledi
Ethereum has become the default chain for institutions bringing assets onchain.
Sky Protocol is helping drive that adoption, now standing as the largest Ethereum RWA issuer with $5.2B in sUSDS and a 21% market share, per @tokenterminal.
Ethereum Institutional@ethereuminsti
Ethereum L1 hosts ~$25B in tokenized assets. More than any other public network, before even counting its growing L2 ecosystem. That concentration of live assets, combined with Ethereum’s proven resilience, liquidity, and institutional ecosystem, is why the world’s largest banks and asset managers keep choosing Ethereum. Banks: → JPMorgan → Bank of China → BNP Paribas → Crédit Agricole → Santander → UBS → Société Générale → Morgan Stanley → Standard Chartered → BNY → ANZ → European Investment Bank → ABN AMRO Asset managers: → BlackRock → Fidelity → Amundi → UBS Asset Management → Franklin Templeton → Wellington → Apollo → New York Life → Hamilton Lane → Janus Henderson → Baillie Gifford → VanEck → WisdomTree Bonds. Funds. Stablecoins. Deposits. Onchain. Public. Permissionless. Ethereum.
English
In an industry obsessed with token marketing, the fundamentals-focused protocols will be the ones that remain in 5 years.
English
Sky retweetledi
Grove Basin provides instant onchain stablecoin liquidity for tokenized real-world assets.
Designed to offer up to $1 billion in committed daily liquidity.
English
@ethereuminsti @tokenterminal Ethereum is the institutional chain.
Sky Protocol is helping lead that shift, now standing as the largest issuer in Token Terminal’s Ethereum RWA category with $5.1B in sUSDS and 21% market share.
English
Ethereum L1 hosts ~$25B in tokenized assets.
More than any other public network, before even counting its growing L2 ecosystem.
That concentration of live assets, combined with Ethereum’s proven resilience, liquidity, and institutional ecosystem, is why the world’s largest banks and asset managers keep choosing Ethereum.
Banks:
→ JPMorgan
→ Bank of China
→ BNP Paribas
→ Crédit Agricole
→ Santander
→ UBS
→ Société Générale
→ Morgan Stanley
→ Standard Chartered
→ BNY
→ ANZ
→ European Investment Bank
→ ABN AMRO
Asset managers:
→ BlackRock
→ Fidelity
→ Amundi
→ UBS Asset Management
→ Franklin Templeton
→ Wellington
→ Apollo
→ New York Life
→ Hamilton Lane
→ Janus Henderson
→ Baillie Gifford
→ VanEck
→ WisdomTree
Bonds. Funds. Stablecoins. Deposits.
Onchain. Public. Permissionless.
Ethereum.
English
The Sky Ecosystem June 2026 Financial & Operational Update is now live.
June brought record revenue run rates, cumulative sUSDS yield distributions surpassing $250M, continued Sky Reserves growth, and major developments across the Sky Agent Network.
Read the full update ↓
Sky Ecosystem Insights@SkyEcoInsights
English
sUSDS yield does not come from one source. The collateral backing it is spread across multiple asset classes, each generating interest in a different way.
@stablecoin_p on @wycf_show breaks down exactly what sits behind sUSDS and how the interest from each piece flows back to holders automatically.
Full breakdown here ↓
Where Yield Comes From@wycf_show
Five companies borrow your stablecoins and pay you back with interest. sUSDS paid holders +$240M since September 2024.
English
@SkyEcosystem @stablecoin_p @wycf_show Understanding the sources of return is what separates informed capital from speculative capital
English