Sky Protocol Approves 70 Million USDS to Support Sky Agent Launch Phase

SKY-0,27%

Gate News, March 15 — The Sky Protocol (formerly MakerDAO) Governance Committee has approved the allocation of approximately 70 million USDS from Genesis Capital to support the remaining launch phase of Sky Agent. This is the next major step in building an independent capital allocator network and supporting the Sky Savings Rate. The fund distribution is as follows: Keel receives 10 million USDS, Amatsu (a new executing Agent) receives 25 million USDS, Ozone (a new executing Agent) receives 25 million USDS, and an additional 10 million USDS is allocated to an undisclosed Sky Agent. All fund transfer plans will be finalized through voting on March 26, marking the last allocation from Genesis Capital. These funds remain under protocol control, stored in an independent sub-account managed by SKY Governance. Once the Agent launches its own token, the funds will be transferred to that Agent’s operational treasury.

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