💎Buyback Direct

Sky vs ether.fi

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

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.

ether.fi

ether.fi

ETHFI

Non-custodial staking protocol that puts you in charge of your crypto. Stake ETH, BTC, or stablecoins to earn rewards.

Detailed Comparison

MetricSKYETHFIWinner
Price$0.064120$0.739958-
Market Cap1.47B517.57MSKY
Total Buyback Value$36.95M$12.27MSKY
Buyback Yield ⭐2.51%2.37%🏆 SKY
Mechanism🔥 Burn🔒 Lock-
BlockchainEthereumEthereum-
Revenue SourceProtocol Surplus & Staking RewardsProtocol revenue-
Buyback FrequencyContinuousDaily-

Summary

📊 Buyback Yield: Sky offers a higher buyback yield at 2.51%, compared to 2.37% for ether.fi.

💰 Total Buybacks: Sky has executed more buybacks in total value ($36.95M).

📈 Market Cap: Sky has the larger market cap at 1.47B.

Sky vs ether.fi: Which Is the Better Investment?

When comparing Sky and ether.fi, 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

  • Sky operates on Ethereum and generates revenue from protocol surplus & staking rewards.
  • ether.fi operates on Ethereum and generates revenue from protocol revenue.

Both SKY and ETHFI 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

Sky Detailsether.fi DetailsView All Projects