Sky Protocol proposal plans to allocate approximately 70 million USDS in startup capital to expand Sky Agent Network

SmartContractAuditor · 2026-03-15T14:41:08+00:00

Sky Protocol (formerly MakerDAO) has allocated approximately 70 million USDS to multiple Sky Agents through a proposal as initial capital for early network expansion, aimed at promoting diversified capital allocation and driving yield generation. The funds will be retained within the protocol under governance control with a gradual exit mechanism in place. The fund allocation includes: 10 million USDS to Keel Finance, 25 million USDS each to Amatsu and Ozone, and 10 million USDS to an undisclosed agent, with a voting on fund transfer scheduled for March 26.

SmartContractAuditor

2026-03-15 14:41:08

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Odaily Planet Daily reports that Sky Protocol (formerly MakerDAO) announced that it has approved a proposal to allocate approximately 70 million USDS to multiple Sky Agents. This initial funding is intended as startup capital during the early network expansion phase to launch new agents, promote diversified capital allocation, and generate yields. The funds remain within the protocol, managed by governance-controlled isolated accounts, with a gradual exit mechanism. As agents mature and issue their own liquidity tokens, reliance on this funding will gradually decrease. The Genesis Capital is used to support further expansion of the Sky Agent Network during the startup phase. These independent capital allocators will participate in deploying funds and provide yield sources for Sky Savings Rate.

According to the proposal, the fund distribution includes: 10 million USDS to Keel Finance; 25 million USDS each to new executing agents Amatsu and Ozone; and another 10 million USDS to a sixth undisclosed launch phase agent. If approved by governance, the fund transfer is expected to be scheduled during the execution vote on March 26.

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