BlockBeats News, March 15th, Sky Protocol (formerly MakerDAO) announced that the “Sky Governance Committee has approved the allocation of approximately 70 million USDS from Genesis Capital to support the remaining bootstrapping phase of Sky Agent. This is a significant step towards building an independent capital allocator network to support the Sky Savings Rate.
The fund allocation is as follows: 10 million USDS allocated to Keel; 25 million USDS allocated to Amatsu (new execution Agent); 25 million USDS allocated to Ozone (new execution Agent); 10 million USDS allocated to an undisclosed Sky Agent.
All fund allocation plans will be executed after the voting is completed on March 26th, with Genesis Capital’s allocation being the last one. These funds are still protocol-controlled and held in a separate sub-account managed by the SKY governance. Once the Agent releases its token, the funds will be transferred to that Agent’s operational treasury.”
