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Sky Founder: Sky Core Simplifies Significantly Reducing Expenses, Current Protocol's Annualized Revenue Reaches $3.38 Billion

By: theblockbeats.news|2025/09/02 05:22:21

BlockBeats News, September 2nd, Sky (formerly MakerDAO) founder Rune Christensen stated on social media, "After a significant reduction in core expenses through Sky Core simplification, the profit page has been updated, based on a three-month fee annualized calculation, and now displays real-time stable fee income and savings rate expenditures, with current annualized profit reaching $338 million."

A whale has sold 425 BTC over the past 4 days and shifted its holdings to 10,567 ETH.

In the past 5 days, Galaxy Digital has transferred 500,000 SOL to Coinbase, equivalent to approximately $103 million.