Sky Protocol’s synthetic stablecoin, USDS, has now increased its supply ahead of Ethena’s USDe. The DeFi protocol, which still carries both USDS …
Tag:
SKY
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Sky (formerly MakerDAO) governance is grappling with the implications of an emergency proposal executed today that alters MKR’s role within the ecosystem. …
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The Sky ecosystem voted on altering the savings rate for USDS, as stablecoins increase their competition for predictable yield. The DeFi hub …
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The DeFi sector continues to progress, with the prominent dApps making new developments. As per the data from Phoenix Group, Aerodrome, Ethena, …
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DeFi
Sky Protocol grows USDS supply to new record as demand for yield remains strong
by shayaanby shayaanSky Protocol, formerly Maker, keeps expanding the supply of USDS, reflecting the growing demand for passive yield. The protocol retains some of …