Sky proposes Atlas rate-convention and risk-assessor changes

What happened

Core GovOps submitted weekly Atlas edits affecting rate definitions and fallback financial-risk assessment.

What changed

The proposal would use APR with monthly compounding for specified Atlas rates and assign the Core Council Risk Advisor when a Prime Agent lacks an independent assessor.

What did not change

The record does not establish adoption, an executed savings-rate change, or a redemption change.

Confirmed

• The proposed rate convention covers the Base Rate, Sky Savings Rate formula, and Agent Credit Line Borrow Rate.
• The fallback assessor applies under the Independent Governance path.
• The submission is a proposal for the week of September 7.

Still open

• Final adopted wording and effective date.
• Whether implementation preserves existing effective yields.

What it means for an advisor

• Check the Sky memo's rate comparisons and governance-independence description against the adopted text before updating assumptions.