Sky currently buys back 300k USD worth of SKY per day, and distributes 250k of it to stakers who rn earn 16.5% yield Also SKY has no emissions or inflation, only token burning of the SKY that is bought back but not distributed

breaking it down for the crypto ppls reserves = cash equivalent assets (eg. bank deposits, tbills, overnight repo) that are immediately able to be liquidated to process redemptions the reserve ratio is a measure of liquidity, or whether an issuer/bank can meet redemption

🌐 As we relive some of the best Devconnect @EFDevcon moments last week, @SkyEcosystem’s Sky Connect stands out as the premiere DeFi event, where top builders, founders, investors and creators came together at the Buenos Aires Hipodromo, complete with racing horses right before

Congratulations to Spark for pushing for value to flow back to the token so early in their journey Buybacks!

Parker Edwards from Framework reveals what institutional stablecoin adoption unlocks: "For the first time, we're really seeing institutional adoption both on the investment side and a totally different type of opportunity coming on chain. We can bootstrap projects on day one. I

Framework's Obex is targeting institutional-grade stablecoin infrastructure. Parker Edwards breaks down the sectors: "We're really focused right now on energy finance. We backed USDA, a great example of compute backed financing. We're seeing people from traditional finance

Rollup TV Day 3 Speaker Agenda is LIVE. See you on the show.

The Avengers of RWA’s

THE LAST PANEL DISCUSSION OF THE EVENT

Forbes article on Obex Incubator by @lwintermeyer All of TradFi are rushing to the stablecoin trend, and Obex is how they make sure it's done right: letting them tap into the liquidity of Sky and helping provide the Risk Adjusted Return of sUSDS https://t.co/hAlimTGYxF

On Day 1, @obexincubator has allocated its first $50M Stay tuned as we push the pace of DeFi

Our VC panels always hit differently — packed with insights for anyone building today 💨 Whether it’s making protocols truly practical or understanding the signals founders should be watching, there’s so much for builders to take home ✍🏼 Incredible lineup — thank you for your

$2.5 Billion. https://t.co/YaDU4uISJo

With Obex, Sky scaling is going exponential Obex is the first self-replicating project powered by Sky, and it will massively speed up ecosystem growth and value through incubating new yield generating stablecoins

1/ We just co-led a $37M round in Obex (@obexincubator), an incubator for institutional-grade stablecoin projects. Equally big: Sky will deploy up to $2.5 Billion of USDS into Obex-incubated projects that bring innovative/diversified yield back to the @SkyEcosystem. 🧵👇

Obex (@Obexincubator) is a $37M incubator by @SkyEcosystem, @hiFramework, and LayerZero to fund stablecoin innovators and enable Sky to deploy up to $2.5B in USDS to selected projects.

Introducing @obexincubator, a new incubator to launch innovative, yield-seeking stablecoin projects on Sky. Sky Governance authorized up to $2.5B USDS to be deployed through Obex into approved teams building the next generation of DeFi stablecoin products.

1/ We’ve officially raised $37M in a round led by @hiFramework, @LayerZero_Core, and @SkyEcosystem. $2.5B will also be deployed by Sky into projects incubated by Obex. Our mission: Provide teams with capital to launch innovative, yield-seeking stablecoin projects on Sky. 🧵👇

Will be talking about our launch of @obexincubator. We @hiFramework are building the Y Combinator for Stablecoins alongside our partners @SkyEcosystem & @LayerZero_Core

1/ Good morning Framework, Sky and Layer Zero have raised $37M to build the Y Combinator for Stablecoins: Obex Obex will be accepting teams in Q4 in SF to build new yield bearing stablecoins that will be able to access $2.5Bn from @SkyEcosystem https://t.co/ts9I0Voh1k