Solana is getting a lot of ambitious projects and it is also making sure to get the projects in the order. Some of the projects are also forming their new rebranding to become the fintech ecosystem. Take example of the MakerDAO which is now rebranded into the Sky. 

MakerDAO has now rebranded into the new ecosystem named Sky. They are also making new ecosystem cosmetic changes. But apart from that they are making the new addition of the USDS as a new additional token.

All of this happening on the Solana layer and they are adding few new tokens for the ecosystem.

SKY is the official token for the ecosystem. USDS is a stablecoin which is meant to be staked and that would generate the reward token. sUSDS is a new receipt token that you would find on the ecosystem.

As per the wormhole’s update on twitter, they are launching through NTT framework.

The ecosystem is being established on the Solana and expanding it’s offering across the Solana’s layer. And this would mean there would be more platform specific upgrades too.

There is also mention about the Liquidity incentive program. This would be a good income for the people who provide the liquidity to the ecosystem. Current estimate is around 2 million SKY token per week.

Let’s see where the Sky ecosystem takes off from here onwards!