SKY is the governance and utility token of Sky Protocol—a revamped, MakerDAO‑successor DeFi platform that issues the USDS stablecoin. Holders steer protocol upgrades, stake to earn “Sky Token Rewards,” and supply liquidity for trading and savings products. The token superseded MKR at a conversion of 1 : 24,000 and underpins Sky Protocol’s Cardano‑based L2 focused on data availability.
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The British Pound (GBP) is the official currency of the United Kingdom, issued by the Bank of England (BoE). As one of the world’s oldest and strongest currencies, GBP plays a significant role in global finance. In the crypto market, GBP is used for direct crypto purchases, and stablecoins like pound-backed GBPT offer digital alternatives.