Sky
Sky ProtocolSky.money
The post-Endgame rebrand of MakerDAO — issuer of [[usds]] alongside continued [[dai]] support.
Sky introduced USDS and SKY (token rebased from MKR at 1:24,000) in 2024. The subDAO architecture spins out sub-protocols (e.g., Spark, Sparklend) under the Sky umbrella. DAI continues to circulate and remains 1:1 swappable with USDS.
Related terms
- MakerDAOThe DAO that issues [[dai]] and (since the Endgame rebrand) [[usds]] — the longest-running decentralised stablecoin operator.
- DAIThe pioneering decentralised stablecoin, issued by MakerDAO via [[cdp]] vaults backed by ETH, RWA, and other collateral.
- USDSSky's post-Endgame stablecoin, 1:1 swappable with [[dai]], with sUSDS as the yield-bearing wrapper.
- SparkA Maker / Sky-affiliated lending market focused on DAI / USDS markets and high-quality yield-bearing collateral.