Exchange USD Coin (USDC, ERC20) to Sky (SKY)
Swap USDC on the Ethereum network for SKY, the governance token of the Sky Protocol (formerly MakerDAO). The exchange runs at a fixed rate, with a minimum of 500 USDC and a maximum of 4000 USDC per transaction. Current SKY reserve stands at 10,000,004 tokens, which covers full-range orders without splitting.
USDC is sent from any ERC20-compatible wallet. SKY is delivered to your Ethereum address as well, since it operates as an ERC20 token issued under the Sky ecosystem rebrand.
Network fees and confirmation time
Both legs of the swap settle on Ethereum. USDC deposits require 1 block confirmation before processing. Gas costs depend on current network load — typical ERC20 transfers complete in 2–5 minutes during normal conditions.
Notes on the SKY token
SKY replaced MKR at a 1:24,000 conversion ratio during the Maker-to-Sky migration. Make sure your receiving wallet supports the SKY contract address — older interfaces showing only MKR may not display the balance correctly.
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