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 Ireland with Bitget
Simple 3-step guide to buying SKY today in Ireland
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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Buy Sky in a different country
Ireland (formally known as the Republic of Ireland) is a country located in northwestern Europe, and it is the only country that has a land border with Northern Ireland of the UK and the other three sides with the Atlantic Ocean. The country has a population of 5.1 million people, with almost 20% of the population living in Dublin. Ireland, as a developed country, has ranked among the highest in the world, including healthcare, economy, freedom of the press, etc., and it has become a member of the European Union since 1973. The official language of Ireland is Irish and English, which English is fully supported by both Bitget app and website. The currency of Ireland is Euro (EUR).
Bitget offers secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services. Whether you are in Dublin, Cork, or Limerick, Bitget is ready to serve you with all kinds of needs in cryptocurrencies.
Dublin, as the busiest city in the country, has also attracted many tourists to visit each year. Grafton Street is filled with flower shops, buskers, and performance artists on the streets and you will be welcomed by friendly, chatty service no matter where you go.