Rune-1

With the launch of $SPK the Sky treasury is now at 443 million

About 25% of the $SKY market cap is in its treasury holdings

And more Stars are coming! 👀

With the launch of $SPK the Sky treasury is now at 443 million

About 25% of the $SKY market cap is in its treasury holdings

And more Stars are coming! 👀

i think hyperliquid is a really awesome concept and well-executed product - I'm wondering, if somebody wanted to recreate the concept but use an open source stack that has roll-up like built-in security and is battle tested, what's the best option? OP/arbi stack? Or are there options with even better performance without compromising security and hardness?

i think hyperliquid is a really awesome concept and well-executed product but im a little worried about its security - if somebody wanted to recreate the concept but use some kind of open source stack that has roll-up like built in security and is battle tested, what's the best option? OP/arbi stack? Or are there options with even better performance without compromising security and hardness?

I love all my defi warrior bros in the trenches reinventing finance 🥰

The target audience for Sky and USDS is mercenary capital.

Basically regular people, investors, funds, institutions that are looking for the best possible risk adjusted return.

The Sky Agent Framework lets stars compete with each other to deploy the collateral portfolio into the best opportunities of both tradfi and defi, credit-enhanced with junior risk capital so the risk profile stays uniform.

The competition between Stars, especially as they adopt AI governance tools to automate their allocation strategies (starts to roll-out early next year), combined with the extreme efficiency of the Sky Protocol, means that USDS will be able to deliver risk-adjusted returns above anyone else globally.

To kick-start things there's also the farming of Star tokens themselves which will start with Spark SPK and some of the other initial Star launches.

Sky Ecosystem is basically bitcoin + tether + palantir + ycombinator combined into a single system

I'm a simple man

I use my SKY staking rewards to buy and stake even more SKY

SKY Staking Rewards now at a more realistic 18.1% return per year

SKY staking rewards at 38% rn

https://info.sky.money/rewards/0x38e4254bd82ed5ee97cd1c4278faae748d998865

SKY Staking goes live in less than 3 hours

Looks like the yearly return will be 25% at current SKY price and staking utilization

Great job @BlockAnalitica on the Spark Dashboard

https://data.spark.fi/spark-liquidity-layer

Finally we can get an extremely detailed and easy to read breakdown of the Spark Liquidity Layer allocating USDS collateral in real time <3

OG Stablecoin projects getting acquired by the crypto gigacorps left and right because it is the KEY crypto business case and they each need to have one

love to see it

USDS is back above 8 billion in circulation!

And literally barely getting started (hearing things...)