What Is Sky (SKY)?
Sky Protocol is a decentralized and permissionless financial ecosystem designed to provide users with non-custodial access to stablecoins, governance, and decentralized finance (DeFi) services. It builds upon the foundation of MakerDAO, introducing USDS as a stablecoin and SKY as a governance token.
The protocol allows users to trade assets, earn rewards, and participate in governance without relying on intermediaries. By focusing on on-chain transparency and decentralized decision-making, Sky Protocol aims to create a more efficient and scalable DeFi infrastructure.
How Sky Works
Sky Protocol operates as a blockchain-based financial system centered around its two core tokens, USDS and SKY. USDS is a stablecoin designed to maintain a soft peg to the U.S. dollar, and users can trade, save, or earn rewards with it. SKY is the governance and rewards token, allowing holders to vote on protocol decisions and earn incentives through Sky Token Rewards.
The ecosystem includes the Sky Savings Rate (SSR), where users can deposit USDS to accumulate additional stablecoins over time. Sky Protocol is non-custodial, meaning users retain full control of their assets while interacting with DeFi services.
Who Are the Founders of Sky?
Sky Protocol was created as part of MakerDAO’s “Endgame” roadmap, originally founded by Rune Christensen in 2014.
How Many Sky (SKY) Tokens Are in Circulation?
SKY, the native token of the Sky ecosystem, is available on various exchanges. It has a total supply of 1,093,984,555 tokens.
How to Buy Sky (SKY) on Bitget?
Consider investing in Sky (SKY)? Follow these steps:
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Verify your identity.
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Deposit funds.
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Check out the available SKY trading pairs on Bitget.
Is Sky a Good Investment?
Sky Protocol offers decentralized governance and non-custodial finance, but like all crypto investments, it carries risks such as market volatility and regulatory changes. Investors should research its tokenomics, adoption, and governance stability before making a decision.
Buy Sky in Bosnia and Herzegovina with Bitget
Simple 3-step guide to buying SKY today in Bosnia and Herzegovina
Create your free Bitget account
Select a funding method
Complete your Sky purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Sky using a payment method of your choice:
Buy Sky with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Sky order.
How to buy crypto with credit/debit cardBuy Sky with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Sky is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Sky order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Sky order.Buy Sky with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Sky order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Sky in your Bitget spot wallet
Bitget—where the world trades Sky
How to buy Sky for free
- Learn how to earn Sky for free through the Learn2Earn promotion
- Earn free Sky by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Sky airdrops by joining On-going challenges and promotions
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Bosnia and Herzegovina, abbreviated BiH or BH and often known informally as Bosnia, is a country located in the Balkans, at the crossroads of south and southeast Europe. With Bosnia, a semi-hilly inland region, and Herzegovina, a mountainous southern region, BiH is bordered by Serbia to the east, Montenegro to the southeast, Croatia to the north and south, and the Adriatic Sea to the south.
The Bosnia-Herzegovina Convertible Mark (BAM), pegged to the Euro at a fixed rate, is BiH's official currency. Here at Bitget, you can buy Sky(SKY), and many other coins using BAM. Whether you're in Sarajevo, Banja Luka, Tuzla, or Zenica, Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.
BiH had the third-highest tourism growth rate in the world between 1995 and 2020, according to projections by the World Tourism Organization. Sarajevo, its capital and largest city, was named one of the top ten cities to visit in 2010 by Lonely Planet's "Best in Travel". Home to the southern area of the Alps, BiH has become an increasingly popular skiing destination over the years. Its "cleanest water and air in Europe" and "greatest untouched forests" also attract adventurers and eco-tourists. BiH was named the best mountain biking adventure destination for 2012 by National Geographic and the "9th Greatest Adventure in the World for 2013" by the Huffington Post.