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What is Sky?
Sky is a non-custodial stablecoin protocol built on Ethereum. Sky (previously MakerDAO) was founded by Rune Christensen and launched in 2015.How does Sky work?
Overcollateralized borrowers deposit funds into Sky and receive DAI stablecoin.Who governs Sky?
SKY tokenholders own and govern the protocol. They currently take all of the total interest and PSM fees paid by borrowers (revenue). Sky’s investors include a16z, Polychain, IOSG Ventures, etc.Related posts
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In this episode of the Fundamentals podcast, I’m joined by Rune Christensen – Co-Founder of MakerDAO – a decentralized stablecoin protocol built on Ethereum, and the first-ever DAO, to discuss their recent Endgame update.MakerDAO SES – Removing barriers between decentralized workforce, capital, and work | Fundamentals ep.50
In this episode of the Fundamentals podcast, we're joined by Wouter Kampmann, Co-Founder at MakerDAO Sustainable Ecosystem Scaling (SES) – a Core Unit that focuses on sustainably growing the Maker Protocol’s moats by removing barriers between decentralized workforce, capital, and work – to discuss the basics of Maker and the SES Core Unit.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.