Sky DAO dao
Overview
Sky is a decentralised protocol whose ecosystem centres on USDS, its native stablecoin, and SKY, its governance token. USDS is backed by collateral assets and can be converted to and from USDC at a 1:1 ratio with no fee through the Sky.money interface, which is operated by Skybase, an independent Sky Agent with no control over the protocol's smart contracts or governance. SKY holders govern the protocol through decentralised voting, setting parameters such as the Sky Savings Rate, and protocol rewards accrue programmatically to token holders.
Within the DeFi Intel graph, Sky DAO connects to 4 tracked entities, most strongly to Sky Protocol, SKY, MKR.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
governs | Sky Protocol | 95% |
issued_by | SKY | 95% |
issued_by | MKR | 95% |
deployed_on | Ethereum | 85% |
Frequently asked questions
What is Sky DAO?
Sky DAO is a dao tracked in the DeFi Intel knowledge graph. It is connected to 4 other tracked entities, most strongly to Sky Protocol, SKY, MKR.
What type of entity is Sky DAO?
Sky DAO is classified as a dao (dao) in the DeFi Intel knowledge graph.
What is Sky DAO connected to?
In the DeFi Intel knowledge graph, Sky DAO is linked to 4 other tracked entities, most strongly to Sky Protocol, SKY, MKR.
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