Gate News reports that on March 19, Sky co-founder Rune Christensen conducted trading operations on the HyperliquidX platform, using 20x leverage to short the S&P 500 Index (the benchmark index of the US stock market). At the same time, Rune increased the size of his long position in Brent crude oil (the international benchmark for crude oil prices), currently using 7x leverage. Additionally, TWAP orders are running to further increase the position.

Sky proposes allocating approximately 70 million USDS to the remaining Sky Agents, including 10 million for Keel, 25 million for new executing Agent Amatsu, 25 million for Ozone, and 10 million for an undisclosed Sky Agent. If the proposal is approved, the funds will be transferred in the voting on March 26.

Sky Protocol Governance Committee approved the allocation of 70 million USDS to support the launch phase of Sky Agent. The fund allocation includes 25 million USDS each to Keel, Amatsu, and Ozone, with 10 million USDS allocated to an undisclosed Agent. The funds will be disbursed after the March 26 vote and remain under protocol control.

Sky protocol governance voting has passed, deciding to reduce the protocol income allocation used for SKY buybacks from 300,000 USDS daily to 37,600 USDS, and made multiple updates to Atlas Edit content, including removing specific risk exposures, adding to blocklist, and correcting related descriptions.

On March 13, multiple leveraged trading positions of Sky co-founder Rune showed divergent profits and losses. The 20x leverage WTI crude oil long position and 7x Brent crude oil long position were profitable, but the 7x Ethereum and Nasdaq short positions remained in loss, with overall losses approaching $300,000.

On March 12, among the top 100 cryptocurrencies by market cap, River (RIVER) had the highest gain at +22.15%; Midnight (NIGHT) had the largest decline at -8.18%. Additionally, tokens such as Pi, Sky, Bittensor, and Render also showed varied gains.

Gate News bot message, the Altcoin Season Index has reached 40. Over the past 90 days, top-performing coins include $KITE with +222.86%, $CC with +113.17%, $STABLE with +86.83%, $MORPHO with +66.03%, $SKY with +41.20%, $JST with +37.99%, $ZRO with +37.37%, $DCR with +33.65%, $HYPE with +30.39%, and

Gate News Announcement: On March 12, the stablecoin USDS under the stablecoin protocol Sky reached a new all-time high, with a total issuance of approximately $11.2 billion.

Sky Protocol proposed a new plan on March 10th, aiming to reduce the SKY buyback ratio from 75% to 7.5% to strengthen the protocol's capital foundation and USDS backing. During the proposal period, SKY staking rewards remain unchanged. The USDS circulation has reached approximately $11 billion, and the Sky Savings Rate has also been lowered to 3.75%. Voting will end on March 12th.

Gate News Announcement, March 10 — According to the Shanghai Economic and Information Commission, the inaugural "Lobster Conference" will be held on March 15 from 13:00 to 18:00 at Moso Space in Xuhui District, Shanghai. This event will focus on the AI intelligent agent OpenClaw as the main theme, covering concept explanations, technical demos, live hands-on activities, and成果展示. Participants include companies such as Chuangyang Technology, Baidu Smart Cloud, and JieYue Starry Sky. The event aims to help attendees build their own AI intelligent agent systems from scratch.