Sky Protocol (formerly MakerDAO)
Decentralized protocol issuing USDS stablecoin with Sky Savings Rate, rebranded from MakerDAO in 2024.
Stablecoin
DeFi
Protocol
Governance
Lending & Borrowing
About
Sky Protocol, formerly MakerDAO, is a leading decentralized protocol with USDS at its core (successor to DAI). USDS is backed by crypto collateral through overcollateralized vaults and offers non-custodial savings through the Sky Savings Rate. With over $7.5B TVL, Sky enables users to earn yield on stablecoins and participate in decentralized governance via SKY token.
