Sky Protocol (SKY) Tokenomics
Sky Protocol (SKY) Information
The Sky ecosystem is made up of the community and projects that back the decentralised Sky Protocol. The community actively engages in governance through a transparent, on-chain voting system, powered by two governance tokens: SKY and MKR. In addition to governance, the ecosystem includes Sky Stars—independent decentralised projects that foster rapid innovation and growth. These projects are designed to be agile and focused, driving forward progress within the ecosystem.
Sky Protocol (SKY) Tokenomics & Price Analysis
Explore key tokenomics and price data for Sky Protocol (SKY), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Sky Protocol (SKY) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Sky Protocol (SKY) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of SKY tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many SKY tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand SKY's tokenomics, explore SKY token's live price!
How to Buy SKY
Interested in adding Sky Protocol (SKY) to your portfolio? MEXC supports various methods to buy SKY, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Sky Protocol (SKY) Price History
Analyzing the price history of SKY helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
SKY Price Prediction
Want to know where SKY might be heading? Our SKY price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
Why Should You Choose MEXC?
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Buy Sky Protocol (SKY)
Amount
1 SKY = 0.06541 USD