SkyRune, the anonymous co-founder of (formerly Maker), introduced his plan to bring Sky to the Solana network at the Solana 2024 Breakpoint Conference. Rune stated that he is preparing a proposal to bring this project to life. The proposal includes Sky as well as USDS And sUSDS tokens will be moved to Solana via the Wormhole bridge. An incentive program that will also include the allocation of 2 million SKYs every week to DeFi protocols on Solana will also be part of this plan.
Sky, USDS and sUSDS Coming to Solana
Sky, To the left aims to grow on its network. In this context, the Sky token, as well as USDS and sUSDS tokens will be bridged to the Solana network. Wormhole will be used to bridge the tokens.
WormholeEthereum 
$2,548BNB Chain, Polygon are known for their bridging functions between networks, and thanks to these bridging operations, users can transfer tokens across networks. With Sky coming to Solana, network-specific incentives and integrations are also planned.
To promote USDS and SKY integrations in the Solana DeFi ecosystem, Sky will distribute 2 million SKY to the relevant protocols every week. In this way, it is planned to increase the use of SKY and USDS on the Solana network and strengthen inter-protocol collaborations. Planned incentive program It will become attractive for both liquidity providers and users performing lending and borrowing transactions.
Solana Brings a New Breath to the DeFi Ecosystem
With Sky joining the Solana network, the DeFi ecosystem on the network will gain new momentum. USDS and sUSDS tokens can be used on the Solana network stablecoin will facilitate based transactions and provide users with more options. In particular, USDS stands out as a stable asset in DeFi protocols thanks to its fixed value, and this stability will be further reinforced with sUSDS.
Solana is a rapidly growing DeFi a Blockchain network that attracts attention with its ecosystem. Sky’s place in Solana could make the network even more attractive and contribute to the development of DeFi protocols. It is a matter of great curiosity whether this proposal presented by Rune at the Breakpoint Conference will be accepted.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
