MakerDAO

A new Executive Vote is live. If approved, the following actions will be executed:

• Enable SPK farming for SKY stakers
• Enable SPK farming for USDS suppliers
• Execute Phase Three of the MKR to SKY upgrade

These actions will take place alongside additional proposed changes included in this vote.

Note: This proposal includes an office-hours modifier and can only be executed between 14:00–21:00 UTC, Monday to Friday.

Stars in Cannes: @grovedotfinance

The newest Star in the Sky Ecosystem is set to deploy a $1B allocation into the Janus Henderson Anemoy AAA CLO Strategy (JAAA), a tokenized onchain investment vehicle built with @centrifuge.

Grove is the first Star to bring private credit onchain.

Mark Phillips, co-founder of Grove and @SteakhouseFi, will join the night to share how Stars are scaling the Sky Ecosystem.

Stars in Cannes: @grovedotfinance

With $1B allocated into JAAA via Centrifuge, Grove brings institutional-scale credit on-chain and introduces the first tokenized CLO to DeFi.

Mark Phillips, co-founder of Grove and @SteakhouseFi, will join the night to share how Stars will scale the Sky Ecosystem.

Just an 8-minute walk from the @EthCC venue, Lucia Cannes offers the perfect setting for a summer night on the coast.

Mediterranean food, handcrafted cocktails, panoramic views, and the Sky Ecosystem by the sea.

Want to understand how the Sky Ecosystem works?

Everything is written down in one place. Sky Atlas.

One of the Stars in Cannes: @sparkdotfi.

The first Star in the Sky Ecosystem, and the largest on-chain capital allocator.

@hexonaut, Spark co-founder and CEO of Phoenix Labs, will join the night to share what it means to scale as a Star.

Stablecoins.

Top USDS rewards over the last 7 days (TVL > $10M):

• Ethereum → @yearnfi ~6.4%
• Base → @growcompound ~7.6%
• Solana → @KaminoFinance ~6.8%

The Savings Standard.

Stars in the Sky: Cannes Edition

On June 30, join us for a panel exploring the ideas behind Sky and its evolving ecosystem of Stars.

Featuring:
Sam MacPherson — @sparkdotfi
Mark Phillips — @SteakhouseFi
Monet Supply — @BlockAnalitica

Moderated by Tim Copeland — @TheBlock__

Real World Assets on Ethereum.

Stars rise over Cannes during @EthCC.

DeFi, music, and networking by the sea.

Stablecoins Summer.

Users of the Sky Savings Rate received over 2.16M USDS in rewards over the past 7 days.

That’s 18% of all stablecoin rewards distributed across DeFi.

Supply USDS to Sky Token Rewards and access:

→ SKY governance tokens.
→ @ChronicleLabs points.
→ Soon, SPK rewards from @sparkdotfi, and more Sky Star tokens.

All without giving up control over your assets.

More than $568 million in SKY are now getting USDS rewards at a current annual rate of 16%.

In just one week since launch, over 1.6 million USDS has already been distributed to users.

The Sky Governance Portal is live.

Track live votes, explore past proposals, and access everything you need to participate in Sky Governance.

→ http://vote.sky.money

Top USDS rewards:

• Base → @growcompound ~7.5%

• Ethereum → @yearnfi ~5.5%

• Arbitrum → @Equilibriafi ~5.1%

• Solana → @save_finance ~4.8%

• Optimism → @sparkdotfi ~4.5%

The Savings Standard. Multichain.

A new month in the Sky Ecosystem, marked by a major milestone: SKY is now the sole governance token of the protocol.

This monthly report highlights the latest metrics and developments across the ecosystem.

gm.

Your SKY is staked.
Your USDS is working.

Enjoy your day.

Over 420,000 MKR have already been upgraded to SKY.

SKY Stakers now gain access to USDS rewards based on protocol performance.

Don’t wait. Tap into the next phase of DeFi.