Next Big Coin: Sky's Endgame Plan Rollout
In cryptocurrency markets, the next big coin is often identified by discerning strong projects based on fundamentals and established roadmaps to address a market need. Sky, the new branding and evolution of MakerDAO has emerged as a project focused on rolling out its Endgame Plan which proposes an ambitious multi-year strategy to improve decentralized finance through scalability, governance, and even accessibility for users of the SKY tokens. With a crypto market recovery in 2025 and a unique, structured approach to both decentralization and innovation, Sky could provide exceptional value to early supporters. Sky's Endgame Plan was first intuited to exist in some form in 2022 and is now rolling out with active experimentation phases including launching sub TDAO’s and tokenized credit strategies beyond single stablecoin lending.
Sky’s Endgame Plan rollout is focused on creating a more resilient and user focused ecosystem by addressing important issues like governance centralization and low cross-chaining or interoperability as concerns to older DeFi protocols. The project distinguishes from MKR to SKY which then forwards innovation with USDS as an upgraded version of their existing stablecoin. Sky's objective is to create efficiency while continuing to reward everyday participants for their loyalty to a project subject to constant changes. For investors scanning the market in search for the next big coin, Sky will appeal to investor interests with endemic, sustainable growth, especially in consideration of strategically integrating real world asset tokenization into a stream of revenue for bridging Traditional Finance into the Blockchain. This will serve multiple points of diversification of revenue streams, while being able to mitigate price volatility of pure rated crypto assets. As of October 2025, and with the plan underway via proposals and additional protocol launches, SKY's market cap had been steadily appreciating, a sign of growing confidence in the success of the plan going forward.
The main allure of Sky's Endgame Plan, which is to ultimately provide a more decentralized protocol while scaling the ecosystem, is that it is structured into phases. There was phase one in which there was a brand change and token upgrade that occurred in early 2025 that allowed MKR holders to migrate to SKY at a rate of 1:24,000 conversion. The change in branding and token upgraded preserved value to existing MKR holders but also opened the door to new investors. Phases two and beyond consist of introducing "Stars" – which are subsidiary subDAOs that function as separate entities executing specific functions such as lending and managing Sky's growing ecosystem. If someone is assessing the next "big" coin, this modular design is advantageous because it mitigates single points of failure and allows for faster iterations on features including multi-chain bridges.
If you are planning to take advantage of opportunities like Sky's Endgame Plan, here are a few practical things to do:
- Examine existing portfolio exposure to DeFi governance tokens and reallocate values to suit investments that also include SKY for diversification.
- Set alerts with an exchange like Binance or Coinbase to monitor SKY price movements associated with milestones in the rollout plan.
- Participate in community governance votes for the chance to influence the execution of the plan and earn rewards.
- Utilize chains metrics from analysis on platforms, like Dune Analytics to gain insight.
The first phase, undertaken in early 2024, concentrated on the transition from MakerDAO to Sky, launching the crypto economy with SKY as the governance token and USDS as the stablecoin.
This established the bases for improved stability and user incentives with the added benefit that holders of SKY obtained voting rights on protocol changes. Phase two, deploying through 2025, is rolling out the first wave of Stars—subDAOs like Spark and Grove—which are focused on specific activities such as lending and tokenized credit. Grove's $1 billion allocation from Sky for investing in tokenized collateralized loan obligations is an illustration of how the plan accommodates real world assets to generate yields.
Phase three, targeted for mid 2026, will involve radical decentralization as these Stars take control over the protocol to reduce reliance on central teams. This transition could lead to SKY becoming the next major coin by providing decentralized governance on specialized modules of the protocol, which could broaden and enhance the utility of the tokens and demand for the tokens. The plan's focus on AI-driven governance tools will facilitate decentralized governance with users proposing modules on-chain based on specific network data, further minimizing reliance on central teams.
Investors looking to find the next major coin will note the phased rollout of these changes have been designed to reduce risks of just below the surface disruptions and possible changes, which have been common amongst other DeFi projects.
The Endgame field plan also incorporates economic assurances, such as fee adjustments based on network engagement to govern valuation on assets. For example, in times of excessive volatility, stability modules are activated and provide burning of SKY to reduce supply in support of price floors. The protocol has deployed similar mechanisms in past interest rate changes and moreover, to navigate various crashes in the DeFi and crypto markets historically. In later phases, the deployment of these measures could result in SKY being perceived as valuable yet.
Here are some tips for monitoring phase progress in the Endgame Plan in Sky:
- You should bookmark Sky's official governance forum to look at proposals and when they will be brought to vote.
- Blockchain explorers for example Etherscan can be used to track the totaled sporting event, that ultimately caused token burns to measure supply changes.
- Engage with dedicated Sky Telegram channels where discussions take place in real-time related to the rollout impacts.
- You may corroborate the phases comparing their milestones to competitor roadmaps, ex. Aave's.
These methods of keeping you abreast will help you be prepared for market reactions.
SKY Token Utility in The New Ecosystem
SKY token is the base utility for the rollout of the Endgame Plan, utilities in governance extend to staking to generate yield and access premium features in subDAOs. For example, as the next you could win the big candidate, holders will share in the revenue on growth on protocol fees which we anticipate will grow larger as they begin to launch more Stars. Users that stake the token in this example the Spark lending Star generate passive income via borrowing interest. This utility component creates demand for a token or currency as it is necessary to provide access to a broader range of services.
At this point in the tokenized credit space, SKY allows you to unlock funding applications with fund allocations for example the Grove fund, whereby those holding the token have a vote in investment direction. In summary, the SKY token is more than just a speculative crypto, it provides a function in the DeFi system. The rollout will also enable multi-chain expansions for Sky allowing transactions via bridges to Optimism and Arbitrum.
People looking at SKY as a possible new trend in a digital currency recognize its usefulness to supporting composability which allows tokens to work with other protocols for combination of yield. The token will also feature a deflationary mechanism, which will have been established as part of the launch, which will burn some fees overtime to decrease the supply of SKY and could potentially increase the value once there is some adoption of the product. In a way, it is similar to a mechanism in ETH's EIP-1559, which has helped stabilize ETH's price. Moreover, the more Sky integrates RWAs, the better the collateral utility of SKY for loan financing will extend the usefulness of the product as well.
Recommendations for how to use SKY for your enhanced experience in the ecosystem are:
- Stake SKY in two - three or more Stars to diversify funding for lending and credit pools for yield profiles;
- Vote with SKY in governance votes for new asset integrations to expand influence in growth;
- Bridge SKY to other chains for arb opportunities in DeFi markets that are connected;
- Wait for token burning events for at some point may consider SKY purchases as a when the supply is decreased?
These recommendations should allow you to maximize the potential value of the token.
Institutional Interest in Sky Rollout
There is increasing institutional interest in the rollout of Sky Endgame Plan with respect to scalable DeFi infrastructure and RWAs. Huge institutional players (i.e. since BlackRock has explored more or less a similar tokenized fund investment) -- Sky's allocation of $1B to Grove suggests that they are getting ready for potentially large inflows of capital from large entities.
Sky is the next big increment coin to benefit from that institutional interest, especially if they are allocating funds again to hold tokens to have some influence in governance, even if the funds themselves are not interested in any - or minimal degree - of yield.
Moreover, this subDAO plan, per se, is designed to allow institutions to put the capital to work in one or the specialized modules - without exposing itself to the entire ecosystem and framework.
A focus on compliance, perhaps because some features in the rollout such as the ability for Stars to provide permissioned access to limited transactions. This could lead to partnerships ranging from banks looking for tokenized treasuries, which also leads to increased liquidity for SKY. The most recent data 2025 shows the institutional DeFi TVL is growing 40% year-on-year. Sky would likely add a piece of this with its effort to do so.
For institutions, their inclusion represents stability in their rollouts, since long holds are comparatively less volatile. For those investors that view SKY as the next big coin, this will be a bullish signal and potentially drive prices to the upside.
Insights into space of institutional adoption.
- Look out for institutions & fund announcements (i.e. a16z) who have backed other similar DeFi projects.
- Amount of large block transactions on chain, and observation of whales accumulating large amounts of SKY.
- Tracking fund regulatory filings application for approval on the tokenized funds.
- Growth of Sky TVL comparator to competitors, i.e. Aave growth to assess ‘relative growth strength'.
These provide insights into adoption increases.
Yield Generation Opportunities in Endgame
The rollout of the Endgame plan means there exist new yield generation opportunities for SKY to become the next big coin through staking and lending mechanics. Users of Stars on the Staking, will stake their SKY and receive distributions off protocol fees. In the testing phase, yields typically range 8-12% as a base income. With the reproducible focus on RWA, or Stable Yield, via tokenized credit (the Grove CLO deal) it is feasible to now expect stable distributed yields of 10-15% of this vertical.
The multi-chain expansion will not only create yield farming opportunities within and across ecosystems, therefore increasing the utility of the SKY and other coins parabolic to SKY as an on liquidity pair. This positions the token to earn consistent income, especially noteworthy for passive investors. The deflationary burns within the Endgame will continue to extend yield generation by reducing supply, thereby also extending a marginal benefit for staking rewards.
Although they aren't everything, the plan includes as a few examples,
- Stake the SKY in the Lending Stars for interest from those borrowed USDS.
- Participate in credit pools for RWA financed loans.
- Yield farm SKY by providing liquidity to attached and connected DEXs. Vote for proposals that increase yield through governance.
These give rise to new sources of revenue.
Governance Model Within Endgame Framework
The governance model for Sky will mature throughout the rollout of the Endgame Plan framework, eventually evolving decision making to be decentralized in a way that voting will happen through Stars and SKY. Stakeholders will propose and vote on changes—like fee changes, new assets, etc.-to ensure that the evolution of the ecosystem will happen through the community. This model will create opportunities to build up SKY as the next big coin by allowing stakeholder input into the community direction.
The rollout will also include delegated governance in subDAOs, where delegated experts will be able to provide building management in specific areas—and avoid the risk of centralization that is common among DeFi. Governance will also include emergency methods that mitigate threats, where a governance proposal may pause a module if there is an exploit, etc.
Participants in the governance model will have a multitude of ways to participate in governance:
- Delegating their SKY to trusted representatives for passive participation
- Submit proposals in the forum to discuss with the community
- Monitor the outcome of proposals to understand lifecycle impacts on the value of the token
- Join Star-specific groups to see what others in the same group are specifically discussing
We envision this will build inclusive methods of governance.
Cross-Chain Expansion in the Rollout
Expansions included in the Endgame Plan rollout will introduce cross-chain expansions to further enhance the impact of SKY as the next big coin. With our first step of bridging to networks like Optimism and Arbitrum, we will allow engaging with the Sky token across networks and yield-farming and access at lower fees, reducing reliance on higher fees on Ethereum. This increases accessibility and introduces access to even more potential users of the Sky ecosystem.
The multi-chain functionality of SKY allows staking across chains, which offers additional opportunities for yield diversification. Also, with a focus on composability in the rollout allow CLK to play with other protocols such as Aave on Optimism to create compounded returns on investment.
Why these developments have value:
- Reduced transaction fees to transfer SKY.
- Access to greater liquidity with cross-chain DEXs.
- More opportunities for adoption by being part of different ecosystems.
- Opportunity for security from being chain exposed to multiple networks.
All these have value because of the utility of SKY.
Security Implementations Within Sky
Security measures are fundamental as part of the Endgame Plan rollout in Sky. To protect treasury is funded from unauthorized access, multi-signature wallets will administer funds. The subDAO contracts will also be audited on a regularly and by firms like PeckShield to provide comfort those contracts are secure. SKY is the next big coin and therefore to leverage a security configuration where the chance of exploitation is less than other DeFi projects.
Another element of the rollout is how we will introduce bug bounties for Stars (a social currency) to reward white-hat hackers for reporting bugs and exploits. Governance will also have proposals to improve security and remediate any bugs quickly. These measures will build confidence in a utility token and create encouragement for users to explore joining the next big coin.
Security Best Practices for using Sky:
- Use hardware wallets for storing SKY.
- Make sure two-factor authentication is enabled on any connected accounts with SKY.
- Before you interact with any contract address double check using another form.
- Report any suspicious activity to Sky's team to support security.
These suggestions will help keep your assets secure during the rollout and subsequent.
Ecosystem Partnerships Leveraging Momentum Partnerships are critical to rollout the Endgame Plan in Sky, specifically the announcement of a billion dollar allocation to Grove, a service that makes RWAs credits investments tokenized. Partnerships bring knowledge in RWAs and will ultimately expand on the use cases in SKY as being the next big coin. Partnerships bring liquidity and expertise to accelerate the subDAO launches.
The Endgame Plan rollout is heavily dependent on integrations with oracles for on-chain price data for yields, like Chainlink. Partnerships on decentralized exchanges will expand the opportunity for economical exchanges of SKY. All of these partnerships will further the growth of the ecosystem and demand for the token.
Some of the most fantastic partners include:
- Grove for a platform for tokenized credit investment.
- Chainlink for real time reliable price-feed oracle.
- Optimism for increased scope in layer-2.
- Aave for lent opportunities.
These partnership in the Eco-system of Sky provide momentum for continued development of the Endgame Plan rollout.
In conclusion, the Endgame Plan rollout for Sky is strategic development of the Decentralized Finance movement, with SKY being a strong proponent of a next big coin. The Endgame Plan, will try to assist with potential problems with scalability and governance, as well as the creation of more utility for the integration of a RWA, which all provide great value for the holders.
Institutions are engaged and invested, as well as a large rollout plan around security, community, and ultimately, adoption, as they build substance of the next big coin and await the next biggest things.
Elevated security and community engagement through the rollout will create the basis and risk mitigation for any exploit, and if the stakeholders and investors can relate the factors which will create value increase and broader adoption of the next big coin, they may consider adding SKY to their portfolio in the journey of the next big coin as the milestones of the Endgame Plan are unveiled in 2025 and beyond.
In summation, Sky is a considered approach to create a value in overall decision making within a turbulent short to medium term context and their commitment to improve upon the long term vision is sure to signal to a stakeholders and investors upside as their forward approach grows, and therefore a project worthy of strong consideration.
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