💎Buyback Direct

Aave vs Sky

Compare buyback programs, yields, and tokenomics between AAVE and SKY. Which DeFi protocol offers better value to token holders?

Aave

Aave

AAVE

Aave is a decentralized lending protocol that allows users to earn interest on deposits or borrow crypto assets.

Sky

Sky

SKY

Sky (formerly MakerDAO) is the decentralized protocol behind USDS and DAI stablecoins. SKY replaced MKR as the governance token at 24,000:1 ratio.

Detailed Comparison

MetricAAVESKYWinner
Price$173.72$0.064120-
Market Cap2.66B1.47BAAVE
Total Buyback Value$38.32M$36.95MAAVE
Buyback Yield ⭐1.44%2.51%🏆 SKY
Mechanism🔒 Lock🔥 Burn-
BlockchainEthereum, Polygon, Arbitrum, AvalancheEthereum-
Revenue SourceProtocol RevenueProtocol Surplus & Staking Rewards-
Buyback FrequencyWeeklyContinuous-

Summary

📊 Buyback Yield: Sky offers a higher buyback yield at 2.51%, compared to 1.44% for Aave.

💰 Total Buybacks: Aave has executed more buybacks in total value ($38.32M).

📈 Market Cap: Aave has the larger market cap at 2.66B.

Aave vs Sky: Which Is the Better Investment?

When comparing Aave and Sky, investors should consider multiple factors including buyback yield, total buyback volume, and the sustainability of each protocol's revenue model.

Understanding Buyback Yield

Buyback yield is calculated as the total buyback value divided by market cap. A higher yield indicates that more value is being returned to token holders relative to the protocol's size. In this comparison, SKY has the advantage with a 2.51% yield.

Key Differences

  • Aave operates on Ethereum, Polygon, Arbitrum, Avalanche and generates revenue from protocol revenue.
  • Sky operates on Ethereum and generates revenue from protocol surplus & staking rewards.

Both AAVE and SKY represent real yield opportunities in DeFi. Use the data above to make an informed decision based on your investment criteria and risk tolerance.

Learn More

Aave DetailsSky DetailsView All Projects