Sky proposes seven Osero changes linking Ethereum and Base through CCTP

Nov 5, 2026 14:22 (3h ago)

Sky plans seven Osero changes connecting liquidity layers across Ethereum mainnet and Base.
Seven adjustments include CCTP activation, transfer limits and Base permission management.
The November 19, 2026 Spell includes a Gauntlet-managed Base vault with initial USDC allocation.

Sky Protocol plans seven changes in its Osero Spell scheduled for November 19, 2026, linking Osero liquidity layers on Ethereum mainnet and Base. The proposal would activate Circle's Cross-Chain Transfer Protocol (CCTP) on both networks, set limits for cross-chain USDC transfers, introduce a permission-management mechanism on Base and add the Gauntlet-managed Osero x Gauntlet USDC Prime Vault, a Morpho Vault V2 deployment with an initial USDC allocation. The integration is intended to improve capital efficiency by enabling stablecoin liquidity to move between Sky's primary and Layer 2 deployments. The proposal emerged as SKY consolidated near $0.0675, while Sky Frontier Foundation reported third-quarter net revenue of $37.19 million, up 11.8% from the previous quarter.