Sky | ETH FTW

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

Hurupay

Hurupay offers a digital wallet that allows users to open virtual accounts in USD, EUR, and GBP without monthly fees. Users can receive payments from platforms like PayPal, Wise, Upwork, and Fiverr, and withdraw funds via crypto exchanges, local banks, or mobile money.

Protocol

Payments

Mento Labs

Mento is a protocol that enables the adoption of digital currencies worldwide, aiming to provide a stable asset for every country.

Protocol

Stablecoins

Silvi

Silvi is a citizen-powered reforestation platform built on transparency and community engagement. The Silvi App allows anyone, from rural farmers to urban green stewards, to register and monitor trees, report on growth, and document reforestation efforts. Using tools like Treekipedia and the Ecological Benefits Framework, Silvi enables transparent monitoring, reporting, and verification of climate impact, including financial incentives through TreeForwards.

Protocol

Restoration

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

Want to help ETH FTW grow?

Join a movement accelerating real-world solutions on Ethereum. Submit your information to get involved or contact us with your request.

Get Involved