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CryptoMedium•7 November 2026•
1 min read

Sky Ecosystem Proposes Osero Upgrade to Link Ethereum and Base on November 19

Key Facts

1The Osero proposal aims to enable cross-chain USDC transfers using Circle's CCTP protocol.
2The proposal includes adding a Gauntlet-managed vault on the Base network.

A governance proposal for the Sky ecosystem, formerly Maker, has outlined plans for an upgrade named Osero on November 19, 2026, to enhance interoperability between Ethereum and the Base network. TokenPost reported that the proposal aims to enable cross-chain USDC transfers using Circle's Cross-Chain Transfer Protocol (CCTP), while establishing transfer limits and permission mechanisms on the Base layer.

The proposal further includes the addition of a Gauntlet-managed vault on the Base network, specifically a Morpho Vault V2 designed to expand the ecosystem's liquidity presence. As of September 2026, Osero assets represented approximately 1% of Sky's combined assets, while Prime Agents accounted for roughly 65%. This development aligns with Sky's strategy to deploy protocol assets into specialized investments within established governance risk limits.