MakerDAO Executes Sky Governance Changes As Endgame Transition Continues

MakerDAO governance has executed a new set of parameter adjustments under the broader Sky transition, including changes tied to Sky Spreads, staking reward normalization, and the offboarding of an older real-world asset vault.
The July 20 governance update shows how Maker’s Endgame-era structure continues to move from broad strategic design into ongoing operational changes.
The details are technical, but the theme is straightforward: Maker and Sky governance is still actively tuning the system behind USDS, vaults, spreads, rewards, and legacy assets.
That matters because Maker is no longer just a single stablecoin protocol in the old DAI sense. It is now a more complex governance and yield infrastructure stack, with the Sky brand, USDS, real-world asset exposure, and multiple moving parts that need regular adjustment.
TL;DR
- MakerDAO governance executed new Atlas and settlement-cycle changes on July 20.
- The update included Sky Spread reductions, LSSKY-SKY reward normalization, and RWA001-A offboarding.
- The changes show the Sky transition is still being actively managed through governance.
Maker’s Governance Work Is Becoming More Operational
Maker governance has always been detailed, but the Sky transition has made it even more operational.
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