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SKY (SKY)

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€ 0,06260

-0,12 % € -0,00008
24h 1w 1m 1y All

SKY Price in Euros

(SKY to EUR)

€ 0,06260

SKY Volume

(24h)

€ 65.62 M

Market Cap

(SKY)

€1.47 B
BTC

What is SKY

Sky (SKY) is the governance token of the Sky Protocol, a next-generation DeFi ecosystem designed to make decentralised finance more accessible and scalable. Born from the rebranding of MakerDAO, SKY replaces the MKR token at a fixed conversion rate of 1 MKR = 24,000 SKY. Together with the new stablecoin USDS, SKY plays a central role in powering the protocol’s features, such as staking, governance and rewards.

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How does SKY work?

SKY is the upgraded version of MKR, giving holders governance rights within the Sky Protocol. Users can stake SKY, participate in decision-making, and earn token rewards. Alongside USDS, SKY fuels the protocol’s DeFi tools, including the Sky Savings Rate and Staking Engine. The sky.money app is built for users to remain in full control of their assets.

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How to buy SKY?

Buying Sky (SKY) at Coinmerce is simple. Select SKY, choose your preferred payment method and the tokens will appear in your Coinmerce wallet.

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How to buy SKY?

Want to buy Sky (SKY)? At Coinmerce, you can easily purchase SKY with popular payment options such as iDEAL, SEPA or credit card. Once logged in, click on “Coins” in the top menu. This will open a page with all cryptocurrencies available on Coinmerce. Can’t find SKY on the list straight away? Use the search bar to type “Sky” or “SKY” and select the coin. On the right-hand side, you’ll see an order panel where you can enter the amount of euros you would like to spend. The system will instantly display how many SKY tokens you will receive for that amount. After double-checking the details, simply click “Buy”, and your newly purchased SKY tokens will be added to your wallet. It’s that straightforward to get started with Sky (SKY) at Coinmerce.

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About SKY

Sky Protocol is the evolution of MakerDAO, created to bring decentralised finance to a broader audience while scaling the ecosystem to support new assets and tools. As part of the Endgame Plan, MakerDAO’s MKR token was rebranded and upgraded into the SKY token, with a fixed migration rate of 1 MKR = 24,000 SKY. Alongside this change, the protocol also introduced USDS, a stablecoin designed to complement SKY in creating a balanced and sustainable DeFi environment. What makes Sky unique is its blend of tried-and-tested MakerDAO foundations with innovative features such as the Sky Savings Rate, the Staking Engine, and token rewards for active participants. SKY now serves as the sole governance token of the Sky Protocol, meaning holders can propose and vote on changes that shape the ecosystem’s future. Through the sky.money app, users gain direct, non-custodial access to the protocol’s features, 24/7. This gateway ensures that you stay in full control of your funds while exploring everything the Sky ecosystem has to offer. In short, Sky (SKY) has grown to be an essential asset within a growing DeFi ecosystem built on accessibility, scalability and community governance.

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Founded 2012
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Industry De-Fi
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Website Website
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Network
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Location China
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Rank 59
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Market Cap 1.47 B
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Trading volume 65.62 M
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Maximum coins 23.46 B
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Circulating 23.43 B
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