Carlos(@0xcarlosg):Under Sky’s year-end projection of $20.6B in USDS supply, the protocol’s balance sheet would scale meaningfully even under conservative NIM assumptions. Applying a lower-end 0.8% NIM across the total asset base would translate to an annualized NII run rate of approximately $165M, while Sky’s current 1.3% NIM would imply a run rate of roughly $268M

2026.05.14 20:20

Under Sky’s year-end projection of $20.6B in USDS supply, the protocol’s balance sheet would scale meaningfully even under conservative NIM assumptions. Applying a lower-end 0.8% NIM across the total asset base would translate to an annualized NII run rate of approximately $165M, while Sky’s current 1.3% NIM would imply a run rate of roughly $268M