On March 15, Sky Protocol (formerly MakerDAO) announced that "the Sky Governance Committee has approved an allocation of approximately 70 million USDS in Genesis Capital to support Sky Agents in the remaining launch phase. This is the next major step in building an independent network of capital allocators to support the Sky Savings Rate."
The funds were allocated as follows: 10 million USDS to Keel; 25 million USDS to Amatsu (the new execution agent); 25 million USDS to Ozone (the new execution agent); and 10 million USDS to the undisclosed Sky Agent.
All fund transfers were scheduled to be executed and voted on March 26th, with only one remaining transfer to Genesis Capital. These funds remain under protocol control and are held in a separate sub-account managed by SKY governance. Once the Agent launches its own token, the funds will be transferred to the Agent's operational treasury.
