Vault Synopsis

The SKY+ vault accepts deposits denominated in SKY.

MakerDAO having rebranded as SKY Protocol is a decentralised organisation launched with the aim of providing stability to cryptocurrency economies through its collateral backed stablecoin DAI which has surpassed more than 5 Billion in circulating supply. DAI is always exchangeable 1:1 for USDS and vice versa.

The SKY+ vault allows users the flexibility of earning yield on their SKY as part of the Endgame roadmap wherein MKR token utility as the governance token will be slowly transitioned to SKY as the main governance token of the SKY protocol once the necessary development for the infrastructural changes are completed.