🥛 Sky vs. 'trust me bro' tokenomics 🥊

GM. This is Milk Road, the crypto newsletter that tracks onchain institutional capital growth the same way ESPN tracks highlights: fast, loud, and impossible to ignore.

Here’s what we’ve got for you today:

✍️ Investor Relations = A new era for crypto.
🎙️ The Milk Road Show: Will the Rotation From Gold to Bitcoin Actually Happen? w/ Matt Hougan & Ryan Rasmussen.
🍪 Senate Ag advances CLARITY Act.

Bitget is one of the largest crypto exchanges that now lets you buy TradFi assets. Check out Bitget’s TradFi suite

Prices as of 2:00 p.m. ET. Trade today with Milk Road Swap.

INVESTOR RELATIONS = A NEW ERA FOR CRYPTO 🤝

DeFi's biggest problem right now isn't technology. It's translation.

Traditional finance runs on quarterly reports, standardized metrics, and verifiable data.

DeFi runs on Discord alpha, Twitter threads, and "trust me bro" tokenomics.

This mismatch has kept billions of institutional capital on the sidelines.

But Sky Ecosystem Insights just made a move to fix that.

They've established an independent analytical resource solely focused on one thing:

Institutional-grade financial reporting for the Sky. 👇

Source: @SkyEcoInsights

I.e. They’re meeting traditional investors where they are, by speaking a language they’re familiar with.

We’re talking…

Fundamental analysis across the ecosystem.
Quarterly & annual financial reports on Sky Protocol.
All presented in formats traditional investors already recognize.

The big idea here:

When credible data exists, institutional allocators can actually do their jobs.

Due diligence becomes possible. Investment committees can review real numbers. Capital flows in.

The bet being made (as we see it):

The projects that can solve the ‘translation problem’ (and meet traditional capital where it lives) will build credibility that compounds over time.

And today, the first-ever Sky Ecosystem Update and 2026 Outlook report went live.

So let’s see what’s under Sky’s hood…

TRADE EVERYTHING IN ONE PLACE

Imagine this:

You're building your portfolio from scratch. You want to invest in crypto, stocks, forex, gold and silver.

To buy each of these assets, you need multiple platforms & permissions.

But now, you can create the same portfolio using a single tool: Bitget.

With their newly launched TradFi trading suite, you can now buy TradFi assets alongside crypto in one place.

Here’s everything inside Bitget’s TradFi suite:

100+ tokenized stocks and ETFs
Access to FX & commodities
Trade precious metals like gold & silver

One platform. One account. Full market access.

Check out Bitget’s TradFi suite

INVESTOR RELATIONS = A NEW ERA FOR CRYPTO (P2) 🤝

Here’re the headlines from the report…

Sky’s 2025 Financial Highlights:

Total 2025 buybacks came in at $96.8M.
USDS Supply hit $9.2B, up 74% year over year.
Gross Protocol Revenue reached $338M, up 10% year over year.
Q4 Operational Expenses dropped to $8.8M, down 63% year over year.

And this is a ‘trend of strength’ that looks like it’s going to continue throughout 2026:

Source: SkyEco

Ok, those are some solid, easy-to-digest numbers – hooray for SKY holders (*cough* us *cough*).

But what are the broader effects of this whole ‘Investor Relations play’?

For institutional allocators: No more piecing together data from 15 different sources - it’s now all in one place.

For the DeFi space more broadly: If this works, it sets a new standard - other protocols will likely face pressure to match these same levels of transparency.

For SKY and USDS holders: Professional-grade reporting attracts professional-grade capital.

And that’s the big unlock here…

If this becomes the template → institutional capital will finally have the reporting infrastructure it needs to rotate capital into DeFi.

And I know, I know - in general, ‘Investor Relations’ is drier than a burnt piece of toast sitting in the sun…

But adopted at scale, it could help to pull billions onchain.

(We’re here for it!)

CRYPTO PRO “WHERE ARE WE IN THE CYCLE?” INDICATORS 🤔

It’s been a wild week in macro!

(And the crypto market isn’t immune from these kinds of moves.)

So let’s check in with our cycle indicators and see where we’re at!

The goal is to spot the bull market peak before the inevitable bear market hits your bags hard.

We believe we are still in a bull market, and since timing the top perfectly is almost impossible, we use various indicators to give us a better shot at taking profits before it's too late.

⚠️ CLICK HERE to view the Crypto PRO “Where are we in the cycle” Indicators.

GO CRYPTO PRO AND UNLOCK:

Full access to the 6 bull market peak indicators above to help you stay bullish long term and spot the top when it comes. 📈
Weekly reports that help you spot early trends, navigate the markets by limiting risk & catch those sweet cha-ching moments. 💰
Access to the PRO Community, where the Milk Road crew & 1000s of fellow PROs talk crypto. 🫂

GO PRO TODAY