Sky on Solana
summary
Sky is a rebrand of Maker that launches an upgraded stablecoin USDS, a governance token Sky with upgrade mechanics up to 24,000, and a tokenized savings rate; it already mints 400 million USDS minted in 36 hours and brings a collateral portfolio of >$8 billion into DeFi. Deployment uses Wormhole and Solana Skylink to run native programs, offer a near-unlimited 1:1 USDS to USDC on Solana, and funds a large liquidity incentive program integrated with Scattered Money front ends.
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