Sky Proposal to Link Osero to Base Ethereum
A governance forum proposal would connect Osero's liquidity layer across Ethereum mainnet and Base through seven changes.
Updated on Nov. 7, 2026 in Finance — General
A proposal in the Sky ecosystem forum would link Osero's liquidity layer on Ethereum and Base, including activating Circle's Cross-Chain Transfer Protocol for USDC on both networks. The changes are scheduled for the Nov. 19 Osero Spell.
Why it matters
The proposal would let USDC move across chains and add a Gauntlet-managed vault on Base, affecting how capital is deployed within Sky's agent structure. Osero's role within Sky's combined assets makes the change relevant to the protocol's liquidity arrangements.
The proposal lists seven changes across Ethereum and Base, with Osero at 1% of Sky's combined assets as of September 2026 versus about 65% for Prime Agents collectively. Whether the proposal passes and the size of the initial USDC allocation remain unresolved.
The players
Sky
Sky is a decentralized finance ecosystem whose agents deploy protocol assets into specialized investments under risk limits set by Sky governance.
Gauntlet
Gauntlet is a risk management firm that would manage the Osero x Gauntlet USDC Prime Vault on Base.
Circle
Circle is the issuer of USDC whose Cross-Chain Transfer Protocol would be activated by the proposal.
The details
The proposal would activate Circle's Cross-Chain Transfer Protocol on both networks, set limits for cross-chain USDC transfers, and create a permissions mechanism on Base. It would also add the Osero x Gauntlet USDC Prime Vault, a Morpho Vault V2 managed by Gauntlet, with an initial USDC allocation.
Timeline
September 2026: Osero represented 1% of Sky's combined assets.
Nov. 19, 2026: Scheduled Osero Spell upgrade linking Ethereum and Base.
Market Dynamics
The proposal extends Circle's Cross-Chain Transfer Protocol, which handles USDC movement between blockchains, into Sky's Osero liquidity layer on Ethereum and Base. It places cross-chain stablecoin liquidity within the managed-vault structure that Sky's agents already use.
Holders of USDC and participants in Sky's Prime Agent structure could see cross-chain transfers and a new Base vault become available if the proposal passes. Whether these changes affect individual balances depends on the final allocation and governance outcome.
The takeaway
Watch whether the Sky governance vote approves the seven changes before the Nov. 19 upgrade, since the initial USDC allocation to the Base vault has not been specified.
What happens next
The proposed changes are scheduled for the Nov. 19, 2026 Osero Spell upgrade.
Further reading
For broader context on how digital asset markets are structured, see Finance — General.
Source note: This article includes information reported by TokenPost.
