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😳Sky introduces Polaris to connect to Berachain as part of ‘agent framework’✍️🚨 Sky (formerly MakerDAO) announced a connection to $BERA chain, unveiled as part of its “agent framework,” aiming to blend two DeFi ecosystems. This latest move involves deploying Polaris, one of Sky's latest ecosystem products,onto $BERA chain, a high-performance EVM-compatible blockchain known for its Proof of Liquidity ($POL ) consensus mechanism. The gist of this move is to combine Sky’s liquidity platform — backed by over $7.5 billion in $USDS stablecoin — with Berachain’s architecture. Berachain’s $POL incentivizes users to provide liquidity to the network while keeping assets usable in DeFi protocols. By integrating Sky’s U $USDS into Berachain via Polaris, Sky aims to tap into this system to create what’s being called the “first fully autonomous liquidity system on-chain.” “This is a great example of how fast it’s possible to move with the Sky Agent Framework when you have founders and capital — and it will be a good showcase of how much scale Sky can bring to the table to new and growing ecosystems,” Sky founder Rune Christensen commented on X. The initial phase focuses on expanding US $USDS stablecoins cross-chain, meaning USDS holders could engage with Berachain’s DeFi offerings, such as lending, trading or yield farming. “Polaris taps into $7.5 billion of Sky ecosystem’s USDS to deploy capital into the Berachain ecosystem, combining one of DeFi’s most robust liquidity engines with Proof of Liquidity,” the Berachain Foundation said. The Sky ecosystem is built around the $USDS stablecoin and the SKY governance token, successors to MakerDAO’s DAI and MKR tokens. In this ecosystem, the agent framework serves as a set of essential building blocks that aim to power and support the operations of various decentralized projects, or “Stars,” within the Sky ecosystem. The framework provides the infrastructure for these tokens and their decentralized applications. $SKY has evolved significantly since its inception. Originally launched on the Ethereum blockchain, it gained prominence by creating the DAI stablecoin (now $USDS ) in 2017,one of the first decentralized stablecoins pegged to the U.S. dollar. $SKY operates primarily on the Ethereum blockchain, where the bulk of its infrastructure, including the Sky Protocol, still resides.

Sky initiates $1M daily buyback and burn of $SKY tokens Rune Christensen, founder of Sky (formerly MakerDAO), announced on X that the Sky Smart Burn Engine has begun repurchasing and burning SKY tokens at a rate of $1 million USDS per day. USDS is Sky’s dollar-pegged stablecoin.

Sky governance is grappling with the implications of an emergency proposal that rewrote USDS borrowing rules

Sky governance is grappling with the implications of an emergency proposal that rewrote USDS borrowing rules

Trump considers distributing 20% of DOGE savings to U.S. citizens U.S. President Donald Trump said that the government is considering an idea where it gives "20 percent of the DOGE savings to American citizens, and 20 percent goes to paying down debt, because the numbers are incredible,” according to The Hill. Trump made these comments during a gathering at the Future Investment Initiative (FII) Institute in Miami. DOGE refers to the Department of Government Efficiency, a temporary body within the U.S. Digital Service (USDS).