Sky is splitting its balance sheet across autonomous capital agents.
$70M in USDS was recently approved for four agents that will independently deploy stablecoin liquidity into credit markets, DeFi, and RWAs.
Under MakerDAO, every allocation ran through a single governance vote. As the balance sheet grew into the billions, Sky moved to a model where specialized agents manage capital independently.
Spark currently routes ~$2B through its Liquidity Layer across Ethereum lending and RWA markets. Keel targets up to $2.5B in capital deployment. This latest allocation adds four more with up to 10 planned for 2026.