Sky Protocol Governance Approves 70 Million USDS Allocation to Genesis Capital for Sky Agent Launch

Sky Protocol, formerly MakerDAO, announced its Sky Governance Committee approved an allocation of approximately 70 million USDS to Genesis Capital to support the remaining launch phase of Sky Agents, ChainCatcher reports. The funds will be distributed as 10 million USDS to Keel, 25 million USDS to Amatsu, 25 million USDS to Ozone, and 10 million USDS to an undisclosed Sky Agent, with all transfers planned after the vote concludes on March 26. The funds will remain under protocol control in independent subaccounts managed by SKY governance and will be transferred to each Agent's operational treasury once that Agent launches its own token.