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The stablecoin yield infrastructure project Osero, incubated by Stablewatch, completed $13.5 million in funding, led by Sky Ecosystem (formerly MakerDAO), with stablecoin payment L1 project Plasma co-leading, and participation from RedStone, The Rollup, Kairos Research, co-founder Joe Flanagan of Maple, USDT0 co-founder Lorenzo Romagnoli, and others. This round of funding was completed in the form of a SAFT, with $10 million allocated for reserve requirements as a buffer to protect users and Sky Protocol from potential losses. (The Block)