Protocol
Open Finance
Region
Sky
Worldwide
Targeted SDGs
9. Industry, Innovation, Technology and Infrastructure
10. Reduced inequality
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.
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Karma

Karma

Karma is an on-chain protocol built by Karma HQ that lets grant recipients create a persistent project profile, publish milestones and updates via blockchain attestations, and build a transparent reputation across ecosystems. Ecosystems use Karma to fund projects transparently. Builders use it to share progress, earn reputation, and get discovered for more opportunities.

Protocol
Public Goods
8
9
10
16
17
ReFi DAO

ReFi DAO

ReFi DAO is a network society on a mission to regenerate the earth by envisioning a global regenerative economy rooted in local startup communities. These communities aim to acquire land and other real-world assets to drive towards a net zero economy by 2050, in alignment with the Paris Agreement targets. ReFi DAO looks to address the climate emergency, biodiversity collapse, and social injustices by revamping the economic system to value people and the planet as a single living system​​.

Institution
Restoration
10
11
13
15
17
Kolektivo Network

Kolektivo Network

Kolektivo creates local impact ecosystems and connects their knowledge and potential to create the Kolektivo Network.

Protocol
UBI
13
CASE STUDIES

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