Keel, a new native capital assigner of Solana, debuted on Tuesday with a road map to channel up to $ 2.5 billion in decentralized finances (DEFI) and tokenized asset markets in the ecosystem.
Keel is structured as part of the heaven ecosystem, the long -term defi protocol previously known as Makerdao, as one of its autonomous units called “stars.” That is part of the main review of Sky called the final of the game that includes the creation of smaller units, each of which is responsible for its own governance and innovation on the edge of the ecosystem. Sky is focused on issuing the USDS (USDS) and Decentralized established, which have a combined supply of more than $ 7 billion.
Spark, the first of Sky’s stars, has grown to more than $ 10 billion in total blocked value (TVL) in Ethereum while assigning funds to more than $ 1 billion in tokenized assets. Grove, the second unit launched earlier this year, focuses on guaranteed loans.
Keel’s mandate is acting as a capital assigned in the chain between the Solana Defi protocols and the widest economy of Stablecoin. Receive a dedicated balance of the USDS Stablecoin reserves to implement and admit so Solana Native protocols to generate performance. The first integrations include Kamino, Jupiter and Raydium, markets housed in Solana where liquidity can serve as a basis for loan markets, routes and liquidity groups.
“Keel was based on the belief that the next phase of financial growth in the chain needs more than the new assets alone; he needs liquidity that can be accessed at speed and scale,” Cian Breathnach, CEO of Matariki Labs and taxpayer to Keel said. “Keel is the first to provide these facilitators in Solana, delivering capital and catalyzed force for the next stage of loan growth, loans, tokenization and more.”
Keel’s plan could also help attract more tokenized assets in the real world (RWA) to the Solana space, a rapid growth sector that aims to use blockchain rails to move and resolve traditional financial assets such as bonds, products and actions.
Lily Liu, president of the Solana Foundation, described the “a key step” in the positioning of the block chain as a leading market for capital markets at the Internet scale. Rune Christensen, Sky co -founder, added that Keel will become the largest capital assignor in Solana and play a key role in the Defi and RWA landscape configuration.
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