Sky (MakerDAO)
First decentralized stablecoin protocol with DAI/USDS and RWA integration.
DeFi Protocols
Lending & Borrowing
Free Available
Pricing
Free Available
Platforms
Web
API Access
Yes
Founded
2014
Overview
Sky (formerly MakerDAO) is the oldest DeFi protocol (~$8B TVL) that created the decentralized stablecoin concept. Features DAI/USDS minting via Maker Vaults, Sky Savings Rate, RWA integration (BlackRock BUIDL), PSM for peg stability, and on-chain MKR/SKY governance.
Key Features
- Maker Vaults - mint stablecoins against crypto + RWA
- Sky Savings Rate (SSR) - automatic USDS yield
- RWA integration: BlackRock BUIDL, real estate
- On-chain governance via MKR/SKY
- PSM for $1 peg maintenance
- Largest institutional RWA integration
Pricing Plans
Variable
Stability fees
- Mint DAI/USDS
- Sky Savings Rate
- RWA collateral
