Sky (Formerly Maker) Announces USDS’s Debut on Solana Blockchain
USDS is the third-largest stablecoin by market capitalization after Tether's USDT and Circle's USDC.
USDS is the third-largest stablecoin by market capitalization after Tether's USDT and Circle's USDC.
Sky, a decentralized finance (DeFi) lending and borrowing protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. The implementation of USDS on Solana is made possible through Wormhole’s Native Token Tr
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
TLDR: MakerDAO considering abandoning Sky rebrand after lukewarm reception SKY token underperformed with only 8% of MKR tokens converted USDS stablecoin launch successful with $1.2B supply and 6.5% savings rate Community shows strong preference for o
It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI
The Token2049 conference in Singapore featured Solana's Seeker phone launch, BitGo’s USDS stablecoin, and other major product announcements.
New dollar-backed stablecoin will reportedly offer rewards for liquidity providers and prioritize transparency.
BitGo is set to launch the USDS Stablecoin, a new financial instrument designed to enhance liquidity in the stablecoin market by rewarding institutions that contribute to its ecosystem. This innovative approach aims to set USDS apart in a highly comp
KyberSwap has recently integrated the native contracts of SKY and $USDS from the Sky Ecosystem.
According to Sky, DeFi Saver will also provide migration instruments for $MKR and $DAI along with backing $SKY and $USDS.
Coinspeaker Aave Labs Partners with Sky to Launch Sky Aave Force Initiative The planned launch of USDS and sUSDS tokens on September 18th marks a crucial step toward building a more connected and inclusive financial system. Aave Labs Partners with Sk