Sky Core Reports Annualized Profit of $338 Million After Cost Reduction

According to BlockBeats, Rune Christensen, the founder of Sky, formerly known as MakerDAO, announced on social media that the company has updated its profit page following significant cost reductions in Sky Core. The update reflects annualized calculations based on expenses over the past three months and provides real-time data on stable fee income and savings rate expenditures. The current annualized profit stands at $338 million.