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Boop.Fun leading the way with a new launchpad on Solana.
The @SkyEcosystem is now earning $227m in annualized profit
They have $7.7B in stablecoin supply and are still only offering 4.5% APY
@ethena_labs is avg 12% APY since OI has picked up, which means Sky has the ability to increase their APYs by a LOT
I expect this change to come soon and it should push the stablecoin supply on SKY to new ATHs, above $10B, in the coming months
with more and more stars coming online and allocating to SKY, this should still just be the beginning past $20B supply in the next year
During this time, SKY is also expecting to lower the core expenses of @SkyEcosystem to near 0 - pushing profits higher
Oh and don't forget, a % of the profit goes to token buybacks and another % goes towards $SKY staking rewards
In other words, $SKY is going much HIGHER
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