Sky

Region

Worldwide

Targeted SDGs

9. Industry, Innovation, Technology and Infrastructure

Description

Sky is the successor to MakerDAO, the pioneering DeFi protocol that first introduced decentralized stablecoins on Ethereum. It governs and issues USDS, a crypto-backed stablecoin designed to maintain parity with the U.S. dollar without depending on banks or centralized custodians. Sky operates entirely through smart contracts, ensuring that decisions and risk management are handled transparently onchain. Guided by a global community of token holders, it emphasizes decentralization, censorship resistance, and the long-term resilience of open financial systems.

Impact

Sky has given people around the world a way to save and transact in digital dollars even when access to traditional banking or US dollars is restricted. For individuals in countries facing hyperinflation or capital controls, holding USDS means being able to protect wages and savings against local currency collapse.

EXPLORE THE NETWORK

More Builders Driving Real-World Impact

Discover SDG-aligned teams using Ethereum to solve real problems worldwide.

Explore the Ecosystem

Celo

Celo aims to make financial services accessible to anyone with a mobile phone. It's a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users by providing user-friendly financial tools and applications.

Chain

Stablecoins

Bando

Bando is an onchain spending protocol that enables users to pay for everyday items like mobile top-ups, gift cards, subscriptions, and more using crypto directly from their wallets.

Protocol

Payments

Velodrome

Velodrome is an automated market maker (AMM) built on the Superchain. Users can provide liquidity, earn VELO tokens, and participate in governance by locking VELO into veVELO NFTs. This system allows users to vote on which liquidity pools receive rewards, aligning incentives across the platform.

Protocol

Open Finance

CASE STUDIES

Real-World Impact in Action

Explore case studies linked to this initiative and Ethereum, showing how local action scales into global solutions.

Explore All Case Studies

More Builders Driving Real-World Impact

Celo

Bando

Velodrome

Real-World Impact in Action

Want to help ETH FTW grow?