Sky Protocol Allocates 70 Million USDS to Genesis Capital for Sky Agent Network Expansion

Sky Protocol's governance committee approved an allocation of about 70 million USDS to Genesis Capital on March 15 to support the remaining launch phase of the Sky Agent and build an independent capital allocator network for the Sky Savings Rate, BlockBeats reports. The plan assigns $10 million USDS to Keel, $25 million USDS to Amatsu as a new executing agent, $25 million USDS to Ozone as another new executing agent, and $10 million USDS to an undisclosed Sky Agent, with all allocations finalized by a vote completed on March 26. The funds remain under protocol control in a segregated subaccount managed by SKY governance and are scheduled to transfer to each agent's operational treasury after the agent launches its own token.