Sky

What is Sky?

Sky operates as a non-custodial gateway to the Sky Protocol, a decentralized ecosystem centered around the USDS stablecoin. The protocol enables users to trade tokens, upgrade assets (e.g., DAI to USDS or MKR to SKY), and access features like the Sky Savings Rate and Sky Token Rewards without intermediaries. Governed by the community through the Sky Atlas framework, the ecosystem supports decentralized innovation via independent "Sky Stars" like Spark, while prioritizing user control over funds and decentralized governance through SKY and MKR tokens.

Benefits of using Sky

Sky empowers blockchain users with decentralized financial autonomy, with direct access to stablecoin conversions, yield opportunities through the Sky Savings Rate, and token rewards without relying on centralized intermediaries. By integrating governance through SKY and MKR tokens, the protocol ensures community-driven decision-making, allowing users to shape ecosystem upgrades and participate in a transparent, trustless financial framework. Its modular "Sky Stars" architecture fosters innovation, offering users exposure to diverse decentralized applications while maintaining full custody of assets and minimizing reliance on traditional banking systems.