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Sky Protocol Approves 70 Million USDS Allocation for Four Sky Agents

Sky Protocol approved Genesis Capital for several launch-stage Sky Agents, with transfers including Keel Finance, Amatsu, Ozone, and an undisclosed sixth agent expected to be scheduled in a March 26 executive vote.

USDS
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Summary

Sky Protocol approved about 70 million USDS in Genesis Capital for multiple Sky Agents. The allocation includes 10 million USDS to Keel Finance, 25 million USDS to Amatsu, 25 million USDS to Ozone, and 10 million USDS to an undisclosed sixth agent. The newly added detail indicates the transfers are expected to be scheduled in a March 26 executive vote.

Terms & Concepts
  • Genesis Capital: Initial protocol funding allocated to support early-stage development, operations, or launch activities for designated projects or agents.
  • USDS: A U.S. dollar-pegged stablecoin used for on-chain funding, transfers, and other crypto-native transactions.
  • executive vote: A governance approval process used by a protocol to formally authorize and implement proposed decisions on-chain.