Best viewed in dark mode // GTM & Marcomms Consultant // Prev. @SkyEcosystem // @ChronicleLabs // @MakerDAO // Views own, not financial advice.
Joined September 2013
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Angus retweeted
$BAGEY is open.
The Baillie Gifford Enhanced Yield Fund is now open for investment. Actively managed short-duration bonds, issued fully nativelyonchain, with the blockchain as the legal record of ownership.
Subscribe and redeem in USDC or fiat. $100 minimum.
Available via @Anchorage, @ArchaxEx and @BitGo.
$BAGEY. Own it, natively.
Capital at risk.
Angus retweeted
fully native /ˈfʊli ˈneɪtɪv/ adjective
Of a fund: issued directly onchain, where the blockchain is the legal register of ownership. The token is the holding itself, not a claim on a vehicle that holds it. No wrapper, no SPV, no offchain register to reconcile against.
"The books and records are held natively onchain."
See also: own it, natively
Investment firm @BaillieGifford recently launched the Baillie Gifford Enhanced Yield Fund aka BAGEY: an onchain, regulated tokenized bond fund natively on Ethereum and Solana.
"That is where we are headed."
@TuongvyLe12 on @TokenizedPod:
Angus retweeted
Today we introduce $BAGEY: the Baillie Gifford Enhanced Yield Fund. An actively managed bond fund, issued natively onchain, with the blockchain as the legal source of truth.
Most tokenised funds are wrappers: a tokenised claim on a fund whose structure and ownership record live offchain.
$BAGEY is different.
No wrapper. The token is your holding in the fund, with ownership recorded onchain, and subscribe and redeem in stablecoins. All of it within a UK-regulated fund structure.
That is what native means. $BAGEY, own it, natively.
Angus retweeted
Sky seems largely unfazed despite the recent DeFi chaos.
USDS supply back above $8 billion, total @SkyEcosystem stablecoin supply at $12.4 billion and basically up only since launching in Sep 2024.
Still one of the most underdiscussed growth stories in DeFi.
Angus retweeted
The DAI to USDS upgrade is complete across all major exchanges.
@binance, @bitget, @HTX_Global, @Gate, @MEXC, and @kucoincom have handled the transition automatically for their users.
USDS, the core stablecoin of Sky Ecosystem, is now live and trading on all six platforms.
Angus retweeted
Sky is splitting its balance sheet across autonomous capital agents.
$70M in USDS was recently approved for four agents that will independently deploy stablecoin liquidity into credit markets, DeFi, and RWAs.
Under MakerDAO, every allocation ran through a single governance vote. As the balance sheet grew into the billions, Sky moved to a model where specialized agents manage capital independently.
Spark currently routes ~$2B through its Liquidity Layer across Ethereum lending and RWA markets. Keel targets up to $2.5B in capital deployment. This latest allocation adds four more with up to 10 planned for 2026.
Angus retweeted
Why is Sky outperforming almost every altcoin in the market?
$2 million a week in buybacks. $108 million cumulative.
Rob says it's simple: "They're one of the few business-driven projects out there."
Angus retweeted
2025 proved Sky Protocol can scale protocol revenue ($338M) and USDS supply ($9.2B) while core protocol expenses decreased by 63%, according to SFF.
Full analysis:
Sky Protocol scaled in 2025 without letting costs scale with it.
Protocol revenue rose to $338M as USDS supply expanded to $9.2B.
Core protocol operating expenses fell 63% YoY, dropping to $8.8M in Q4 2025.
The shift came from pushing growth costs to autonomous Sky Agents while keeping the core lean.
With one-off transformation costs behind it, Sky Ecosystem enters 2026 structurally more efficient.
