Sky earnings doubled from Aave liquidity inflow

Bullish-35.15%

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The author highlights Sky's improved earnings position after receiving $500M in stablecoin liquidity from Aave during its crisis, suggesting further earnings inflection potential.

During the Aave crisis, about $500 million dollars of stablecoin liquidity went to Spark, the lending platform of Sky (fka Maker) This additional capital has proven sticky thus far and has doubled Sky's annualized earnings. It does not take a lot for earnings to inflect further https://x.com/0xSisyphus/status/2052804521701573111/photo/1

Sky earnings doubled from Aave liquidity inflow

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