What is SKY Governance Token?

Sky (SKY) is the native governance token of the Sky Protocol, introduced during MakerDAO's 2024 rebranding to enhance decentralized decision-making. As an upgraded version of MKR, SKY was distributed at a conversion rate of 1 MKR to 24,000 SKY, significantly expanding the token supply to foster broader community participation. SKY empowers holders to vote on protocol parameters, including stability fees, collateral management, and incentive structures, ensuring that governance remains decentralized and adaptive. Beyond voting, SKY can be used in various ecosystem modules—such as Activation and Seal Rewards—to earn additional assets, serve as collateral for borrowing USDS, and facilitate trading via liquidity pools. Developed by the MakerDAO team led by Rune Christensen, SKY plays a critical role in securing and evolving the decentralized financial infrastructure of the Sky Protocol.

Who created SKY Governance Token?

SKY Governance Token was created by its founding team and developers. For detailed information about the project's origins and team, please refer to the official documentation and whitepaper.

How do I buy SKY Governance Token?

You can buy SKY Governance Token on various cryptocurrency exchanges. First, create an account on a reputable exchange, complete the verification process, deposit funds, and then place an order for SKY Governance Token.

Is SKY Governance Token a good investment?

The value of SKY Governance Token, like all cryptocurrencies, can be volatile. Before investing, research thoroughly, understand the risks, and never invest more than you can afford to lose. Consider consulting a financial advisor.

How do I store SKY Governance Token?

You can store SKY Governance Token in cryptocurrency wallets. Options include hardware wallets (most secure for long-term storage), software wallets, and exchange wallets. Always backup your wallet and keep your private keys secure.

What makes SKY Governance Token unique?

SKY Governance Token has unique features and technology that differentiate it from other cryptocurrencies. These may include its consensus mechanism, transaction speed, scalability solutions, or specific use cases within its ecosystem.

What is the current price of SKY Governance Token?

The current price of SKY Governance Token is displayed at the top of this page and updates in real-time. You can also view historical price charts and market data including 24-hour trading volume and market capitalization.

How is the SKY Governance Token network secured?

The SKY Governance Token network is secured through its consensus mechanism, which may include Proof of Work, Proof of Stake, or other validation methods. This ensures transaction integrity and prevents double-spending.

SKY

SKY Governance Token

$0.081822.96%

Market Cap. #41

$1,896,691,771

Volume (24h) #129

$20,909,603

Supply (Circ. / Total / Max)

23.18B / 23.46B / ∞

SKY Governance TokenSKY

SKY

$0.081822.96%

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	SKY-USDT SKYUSDT	binance	AA	0.08189USDT	-3.99%	32,507,147.00SKY	48,461	0.08529USDT	0.08666USDT
2	SKY-USDT SKY-USDT	okex	AA	0.08187USDT	-3.98%	22,552,958.70SKY	14,278	0.08527USDT	0.08663USDT
3	SKY-USDT SKYUSDT	bybit	A	0.08189USDT	-3.95%	12,940,318.50SKY	16,307	0.08526USDT	0.08664USDT
4	SKY-USD SKY-USD	coinbase	AA	0.08192USD	-3.96%	11,448,766.40SKY	6,635	0.08530USD	0.08670USD
5	SKY-USDT SKY_USDT	whitebit	BB	0.08179USDT	-4.17%	9,153,377.00SKY	26,456	0.08535USDT	0.08673USDT
6	SKY-KRW KRW-SKY	upbit	BB	121.00KRW	-3.20%	8,549,365.86SKY	1,111	125.00KRW	128.00KRW
7	SKY-EUR SKY-EUR	bitvavo	BB	0.07006EUR	-3.63%	5,506,532.02SKY	1,288	0.07270EUR	0.07380EUR
8	SKY-USDC SKYUSDC	binance	AA	0.08190USDC	-3.97%	4,005,356.00SKY	2,908	0.08529USDC	0.08667USDC
9	SKY-USD SKYUSD	kraken	AA	0.08193USD	-3.92%	3,550,948.26SKY	1,906	0.08527USD	0.08666USD
10	SKY-USDC SKY_USDC	whitebit	BB	0.08207USDC	-3.89%	3,410,625.00SKY	1,347	0.08539USDC	0.08676USDC
11	SKY-BTC SKY_BTC	whitebit	BB	0.0₅1055BTC	-2.28%	2,937,521.00SKY	1,794	0.0₅1080BTC	0.0₅1099BTC
12	SKY-USDT SKYUSDT_SPBL	bitget	BB	0.08190USDT	-3.95%	2,395,256.38SKY	5,140	0.08527USDT	0.08663USDT
13	SKY-EUR SKYEUR	kraken	AA	0.07009EUR	-3.64%	2,022,413.25SKY	293	0.07274EUR	0.07380EUR
14	SKY-USDT SKY_USDT	gateio	A	0.08194USDT	-3.74%	1,317,840.00SKY	2,650	0.08512USDT	0.08662USDT
15	SKY-TRY SKY_TRY	whitebit	BB	3.68TRY	-4.15%	1,045,015.00SKY	530	3.84TRY	3.89TRY
16	SKY-EUR SKY_EUR	whitebit	BB	0.06983EUR	-3.68%	919,991.00SKY	394	0.07249EUR	0.07378EUR
17	SKY-TRY SKYTRY	binance	AA	3.68TRY	-3.81%	770,349.00SKY	1,323	3.83TRY	3.90TRY
18	SKY-USD SKY-USD	okex	AA	0.08197USD	-3.77%	703,034.90SKY	476	0.08518USD	0.08660USD
19	SKY-BTC BTC-SKY	upbit	BB	0.0₅1110BTC	0.000	0SKY	0	0.0₅1110BTC	0.0₅1110BTC
20	SKY-USD SKYUSD	bitfinex	BB	0.08150USD	-4.21%	180,334.55SKY	317	0.08508USD	0.08643USD
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