Sky is a decentralized finance ecosystem formerly operating as MakerDAO, rebranded in 2024 into a global savings and capital allocation network managing billions in diversified assets. It was co-founded by Rune Christensen and Nikolai Mushegian. Sky's Twitter Score is 539 out of 1000 (an Excellent rating) as of August 2026, ranking #265 (top 0.1%) out of 483,944 accounts tracked.
Sky traces its origins to the launch of Single-Collateral DAI on Ethereum in 2017, followed by Multi-Collateral DAI and the Dai Savings Rate in 2019. In 2024, the project introduced the SKY governance token as an upgrade of MKR and USDS as the stablecoin upgrade of DAI, soft-pegged to the U.S. dollar and backed by a surplus of collateral. sUSDS serves as the yield-bearing stablecoin of the ecosystem, providing access to the Sky Savings Rate. USDS is available on Ethereum Mainnet as well as Solana, Base, and Arbitrum.
Sky is affiliated with Sky Protocol, Sky Frontier Foundation, and Skybase International, which operates Sky.money as a non-custodial gateway to Sky Protocol. Spark Protocol launched as a specialized lending market built on Sky Protocol and laid groundwork for the Sky Agent Network framework. Previously, the ecosystem integrated real-world assets as collateral at scale through a partnership with Centrifuge. Andreessen Horowitz previously acquired a 6% share of MKR tokens in 2018. In 2022, Rune Christensen's Endgame restructuring proposal reportedly drew concerns among some community members about governance centralization, a community governance dispute with no legal findings attached.
Sky has been active on the platform since 2015 and has accumulated 292,026 followers as of August 2026 with 10,893 posts. Sky has been mentioned by 666 accounts, totaling 1,692 mentions across the platform. Sky's associated portfolio includes Multis, OPOLIS, Obex and Osero.
Who follows Sky on X?
Sky draws a broad audience from across the crypto and DeFi ecosystem. The accounts that follow Sky include 2,128 founders, 552 angel investors, 748 influencers and 93 VCs, among them Solana, Erik Voorhees, jesse.base.eth, Toly, Ansem and Laura Shin.