Sky announced that it is building Laniakea, aiming to create institutional-grade on-chain capital allocation infrastructure

April 28th — Official sources confirm Sky has announced it’s building **Laniakea**, a standardized infrastructure framework for deploying institutional capital to its Sky Agent Network. Currently, the Sky Protocol manages over $110 billion in circulating USDS supply, generating revenue from DeFi lending, private credit, and compliant real-world asset (RWA) strategies. Laniakea will serve as the underlying backbone to boost capital allocation scalability and efficiency, further driving institutional adoption of on-chain finance. The project targets two key pain points: over $300 billion in idle stablecoin funds and a lack of unified infrastructure. Laniakea will standardize across four core areas: 1. Smart contracts 2. Risk & governance 3. Data infrastructure 4. Legal compliance This lets new capital products skip rebuilding underlying frameworks, enabling modular expansion and scalable deployment. It also uses unified risk metrics and loss-layering mechanisms to ensure transparent risk management and clear accountability. Within the framework: - **Sky Agents (Primes)** will develop investment strategies based on common standards and compete for capital allocation. - **Specific products (Halos)** will leverage shared infrastructure for rapid launch. Laniakea will also encode the protocol’s full runtime state in machine-readable format, laying the groundwork for AI-powered real-time risk control and capital scheduling. As capital scales and returns grow, Sky expects to boost the SKY token’s value capture via a buyback and staking mechanism.