Sky Frontier Foundation has released its financial and operational update for September, outlining several headline figures from the month. The report said Sky generated total revenue of $30.8 million in September. It also recorded the project’s first burn of SKY tokens, with 2.86 million SKY removed. Separately, Galaxy added $100 million in sUSDS to its treasury, according to the update. The same report showed that Sky’s total stablecoin supply stood at $9.7 billion. The figures were cited by Techub News, which referenced Crypto.news in its brief.
Sky Frontier Foundation released its financial and operational update for September, reporting total revenue of $30.8 million for the month.
The update also said Sky completed its first SKY token burn, removing 2.86 million SKY. Separately, Galaxy added $100 million in sUSDS to its treasury.
The report showed Sky’s total stablecoin supply at $9.7 billion.
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