New Altcoin Report Reveals Millions in Profits, Outlines Buyback and Burn Details
Key Highlights: Sky (formerly MakerDAO) boosted its protocol reserves by $28.47 million during the quarter, elevating total reserves to $85.08 million. Net income is actively supporting value-accrual mechanisms, including $SKY buybacks, USDS staking rewards, and an inaugural burn of 2.86 million $SKY tokens on September 13. Quarter-end protocol collateral reached $11.41 billion, with the USDS ...