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Keel debuted as ‘Star’ dedicated to Sky with a $ 2.5B roadmap to boost RWAs and Defi



Keel, a new Allocator of Solana-Obecreated, debuted on Tuesday with a roadmap to channel up to $ 2.5 billion across financial decentralized (DEFI) and tokenized asset market at ecosystem.

Keel is structured as part of the sky’s ecosystem, the long -term defi protocol formerly known as Makerdao, as one of the autonomous units called “stars.” That is part of the main overhaul of the Sky called endgame that includes the creation of smaller units, each of which is responsible for its own management and change in the edge of the ecosystem. Sky is centered on the release of USDS (USDS) and Decentralized stablecoins, with a combined supply of more than $ 7 billion.

Spark. GroveThe second unit launched earlier this year, is dedicated to collateralized obligations.

Keel’s mandate acts as an on-chain capital allocator sitting between the Solana defi protocol and the broader stablecoin economy. It receives a dedicated sheet of balance from USDS Stablecoin reserves to deploy and support Solana-roof protocols to produce yield. Early union includes kamino, Jupiter and Raydium, markets hosted in Solana where liquidity can serve as a foundation for lending markets, pools and liquidity.

“Keel was established in the belief that the next stage of on-chain financial growth requires more than just new properties; it requires liquidity that can be accessed at speed and size,” said Cian Breathnach, CEO of Slavis Labs and one contributing to Keel. “Keel is the first to provide these enablers to Solana, which delivers capital and catalyzing force for the next stage of lending, borrowing, borrowing, tokenization and more.”

Keel’s plan will also help attract more tokenized real-world assets (RWAs) to Solana Space, a fast sector aimed at using blockchain metals to move and improve traditional financial properties such as bonds, goods and stocks.

Lily Liu, president of the Solana Foundation, called Keel “a major step” in positioning Blockchain as a leading market for internet capital markets. Rune Christensen, Co-Founder of Sky, added that Keel is set to be the largest capital allocator in Solana and plays a key role in shaping the Defi and RWA landscape.

Read more: Blockchain -based RWA specialists bring $ 50m to Apollo’s credit credit strategy



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