Sky Lending
(SKY)
TVL by Chain
| Asset | Quantity |
|---|---|
| Ethereum | $5.52B |
| Ethereum-staking | $710.65M |
| staking | $710.65M |
Protocol Information
The USDS stablecoin powers the open Sky ecosystem. It is the upgraded version of DAI, providing new ways for you to have more rewarding crypto experiences.
Methodology
Counts all the tokens being used as collateral of CDPs. On the technical level, we get all the collateral tokens by fetching events, get the amounts locked by calling balanceOf() directly, unwrap any uniswap LP tokens and then get the price of each token from coingecko. Also includes PSM USDC balance.
Audit
A process where developers inspect the underlying code and/or algorithm that compose systems and applications, allowing them to spot potential bugs or points of failure before deployment. Audits are generally undertaken by third parties, which helps guarantee that the procedure is done in an unbiased and effective manner.
Funding Rounds
A history of funding rounds and capital raised by the protocol, including participating investors and funding details.
Date
15 Dec 2017
$12M
Funding Round
Lead Investors
Polychain Capital
Andreessen Horowitz
Other Investors
Date
24 Sep 2018
$15M
Funding Round
Lead Investors
a16z
Date
19 Dec 2019
$27.5M
