This
@SkyEcosystem revenue chart is the first clear sign that tokenholders win from smarter lending, not bigger size.
➥ Loans barely grew, yet the surplus from every dollar lent roughly 2xd (that’s better rate design, not just growth)
➥ The new system sends that extra surplus straight into raising the value of holding SKY
Other protocols grow loans and cut rates, diluting holders. Sky keeps rates strong and builds holder value and market still treats $SKY like every other lending token but this chart shows a better model.
h/t to
@artemis for the data