Sky
Sky|Mar 15, 2026 14:25
The Sky Agent Network is scaling. Sky governance has proposed ~70M USDS in Genesis Capital allocations for the remaining launch-phase Sky Agents, the next major step in building out the network of independent capital allocators powering the Sky Savings Rate. What's being funded: → 10M USDS — @keel_fi → 25M USDS — Amatsu (new Executor Agent) → 25M USDS — Ozone (new Executor Agent) → 10M USDS — An unannounced Sky Agent (Launch Agent 6) Details on each agent's specific mandate can be found in the forum post linked below. If approved by Sky governance, all transfers will be scheduled for the March 26 Executive Vote. One additional Genesis Capital transfer remains after this. This capital remains within the protocol in segregated sub-proxy accounts controlled by SKY governance. What Genesis Capital is: Genesis Capital is the initial funding allocated through governance to bootstrap new agents during the early expansion phase. It seeds diversity and innovation across the Sky Agent Network, giving new allocators the capital base to launch and begin generating returns. This is a temporary mechanism, intended only for 2026-2027. As agents mature and launch their own liquid tokens, they gradually phase out their Genesis Capital based on a structured schedule tied to market liquidity and the protocol's overall capital buffers. Safety for USDS holders: USDS holders are protected by the Aggregate Backstop Capital, the total pool of excess capital beyond standard collateral. Multiple additional layers of protection exist beyond this buffer, and every capital allocation, risk parameter, and phase-out schedule is set transparently through onchain governance by SKY token holders. What this means for the Sky Savings Rate: More agents means more diversified capital deployment. As the Sky Agent Network scales, the protocol's revenue base broadens, strengthening the foundation on which governance calibrates the Sky Savings Rate. The Sky Savings Rate remains governance-set, not a direct pass-through of agent returns. But a wider, more competitive agent network directly strengthens the protocol's capacity to sustain the yield long-term. This allocation is another step toward building the most diversified and resilient foundation for what is designed to be the best risk-adjusted yield on stablecoins. This proposal also includes expanded deployment infrastructure for existing agents. Full details in the forum post: https://forum.skyeco.com/t/atlas-edit-weekly-cycle-proposal-week-of-2026-03-16/27767(Sky)
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