Sky: USDS and SKY Now Live on Ethereum

MakerDAO’s rebranded initiative, Sky, announced via X that USDS and SKY have officially launched on the Ethereum network. The platform also features decentralized finance (DeFi) functionalities supported by the Sky protocol, all of which are accessible on their official website. Current offerings include upgrading DAI and MKR to USDS and SKY, trading cryptocurrencies for USDS or SKY, earning SKY token rewards, and storing USDS, among other features.