?
Transparency Score
Algorithmic assessment of a project’s transparency level, using multiple public data points to measure its commitment to compliance, documentation, and clarity in communication.
8/100
?
Category Rank
A ranking that positions the organization among its industry peers, evaluating its relative performance based on key compliance, credibility, and transparency indicators.
Category Rank
Sky Money vs Banking & DeFi
LOWER 50%percentile
?
VaaSBlock Rank
A global ranking that compares the organization against all entities listed on VaaSBlock, reflecting its overall credibility, transparency, and operational performance versus the full Web3 ecosystem.
VaaSBlock Rank
Sky Money vs All Listed Organizations
LOWER 10%percentile
?
Transparency Score
Algorithmic assessment of a project’s transparency level, using multiple public data points to measure its commitment to compliance, documentation, and clarity in communication.
8/100
Category Rank
Sky Money vs Banking & DeFi
?
Category Rank
A ranking that positions the organization among its industry peers, evaluating its relative performance based on key compliance, credibility, and transparency indicators.
LOWER 50%percentile
VaaSBlock Rank
Sky Money vs All Listed Organizations
?
VaaSBlock Rank
A global ranking that compares the organization against all entities listed on VaaSBlock, reflecting its overall credibility, transparency, and operational performance versus the full Web3 ecosystem.
LOWER 10%percentile
?
Corporate Governance
The verification of fundamental governance, organizational structure, including verifying the entity’s legal registration and adherence to local laws and regulations.
Corporate
Governance
?
Team Proficency
Evaluation of an organization’s personnel, ensuring that crucial team members possess the expertise and dedication necessary to execute current business models and scale effectively.
Team
Proficiency
?
Technology & Security
Assessment of the organization’s technological framework, including blockchain integrations (where relevant), system architecture, and overall IT infrastructure.
Technology
& Security
?
Revenue Model
Comprehensively evaluation of a company’s income-generating strategies (how do they make or intend to make money), ensuring financial robustness and sustainability.
Revenue
Model
?
Results Delivered
The Results Delivered component of the RMA™ audit comprehensively evaluates an organization’s ability to achieve its goals and honor its commitments.
Results
Delivered
?
Planning & Transparency
The Planning and Transparency component of the RMA™ audit offers a thorough assessment of how an organization manages its workflow and prepares for unexpected challenges.
Planning &
Transparency
Technology
Website
Domain First Registered – 00/00/00
SSL Status – ✘ Not secure
Marketing
?
Marketing Effectiveness
This score assesses the impact of detected marketing activity and the corresponding price movement of a token. The score understands whole market movements to ensure tokens are assessed fairly against peers.
16/100
?
Confidence Index
This index determines our confidence in the score we have given. Generally, as more data is collected, the confidence index will increase. If a project has lots of activity, this confidence is earned faster.
Medium
?
VaaSBlock Rank
This identifies where a project sits compared to all projects accessed for Marketing Effectiveness.
VaaSBlock Rank
Sky Money vs All Listed Organizations
LOWER 30%percentile
?
Marketing Effectiveness
This score assesses the impact of detected marketing activity and the corresponding price movement of a token. The score understands whole market movements to ensure tokens are assessed fairly against peers.
16/100
?
Confidence Index
This index determines our confidence in the score we have given. Generally, as more data is collected, the confidence index will increase. If a project has lots of activity, this confidence is earned faster.
Medium
VaaSBlock Rank
Sky Money vs All Listed Organizations
?
VaaSBlock Rank
This identifies where a project sits compared to all projects accessed for Marketing Effectiveness.
LOWER 30%percentile
Sky Money
@SkyEcosystem
None
Created on April 2015
Sky Money
skyecosystem
No Chain No Gain™ Podcast ⛉
This Organization is yet to join the No Chain No Gain™ Podcast and share insights on what makes their business trustable and innovative.
💡 NCNG generated over 1 Million impressions in its first six months of existence.
Become a Guest on NCNG™
Background
Organization Name – Sky Money
Category – 
Banking & DeFi
Sky (sky.money) is the rebranded and expanded version of MakerDAO — arguably the oldest active stablecoin protocol in DeFi — relaunched under the “Endgame Plan” in 2024. The core product is USDS, a stablecoin intended to succeed DAI with a slightly different design philosophy: broader collateral types, real-world asset backing, cross-chain interoperability, and a new governance architecture under the Sky token that replaces legacy MKR. The Sky Savings Rate (SSR) allows USDS holders to earn yield by depositing into the protocol’s savings module, distributing protocol revenue to passive… participants.
The MakerDAO-to-Sky transition is one of the more consequential rebrands in DeFi history. DAI has been a cornerstone of decentralised finance for years — deeply embedded as collateral and settlement currency across lending protocols, DEXes, and payment applications. Sky’s rebrand carries both the credibility of that legacy and the reputational risk of disruption: if existing DAI holders or integrators find the migration confusing or the new system less trustworthy, the protocol must rebuild trust it previously earned.
The GENIUS Act stablecoin compliance deadline and the competitive dynamics of the yield-bearing stablecoin segment — where Sky’s USDS competes directly with Ethena’s USDe, Ondo’s USDY, and others — shape the regulatory and commercial environment Sky now operates in. For a detailed breakdown of that competitive landscape, our analysis of stablecoin yield wars among Ethena, Sky, and Ondo covers the structural dynamics. With 293,667 X followers and a VBTS of 7.93 (50th percentile), Sky has both reach and relative transparency for the category.
Sky Money remains Unverified under VaaSBlock’s RMA framework. The scale of DAI/USDS in circulation means that any migration or governance decision carries systemic implications across DeFi. Users holding USDS or relying on Sky’s collateral infrastructure should independently assess the governance transition, understand the collateral risk profile of the USDS backing, and monitor protocol health metrics as the Endgame transition continues. Read More
Stablecoin infrastructure
Organization Maturity Level
Growing Business
Notable Achievements
2024
Rebranded from MakerDAO
2024
USDS stablecoin launched
2024
SkyLink cross-chain system live
Core Team
Dan Park
APAC Growth
Angus Tookey
CMO
Rune Christensen
Founder
irmaAI
