.@KaminoFinance is accelerating USDS adoption on Solana The | MakerDAO on Binance Square

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.@KaminoFinance is accelerating USDS adoption on Solana
There’s 300,000 USDS in weekly rewards for early users!

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A new Sky Executive Vote is now live. If passed, the proposed changes to the Sky Protocol will take effect 16 hours after approval by the Sky Ecosystem Governance, impacting users as follows: Changes to the Savings Rate • The Sky Savings Rate (SSR) will increase to 9.5%, and the Dai Savings Rate (DSR) to 8.5%. Stability Fee Parameters Update • ETH Stability Fees will increase: ETH-A to 9.25%, ETH-B to 9.75%, and ETH-C to 9%. • WSTETH Stability Fees will increase: WSTETH-A to 10.25%, and WSTETH-B to 10%. • WBTC Stability Fees will increase: WBTC-A to 12.25%, WBTC-B to 12.75%, and WBTC-C to 12%. Aave Lido Market USDS Direct Deposit Module (DDM) Parameter Adjustment • The Aave Lido Market USDS DDM Max. Debt Ceiling will be increased up to 200 million USDS. The vote also includes a Spark Proxy Spell, which, if approved, will affect SparkLend and Spark's Morpho Vaults users. Additionally, the Executive Vote addresses updates to the ALLOCATOR-SPARK-A DC-IAM, Surplus Buffer Upper Limit Increase, GSM Pause Delay Increase, and other initiatives. For more details, please read the complete proposal at: https://t.co/yDdOq0faSm If approved by the Sky Ecosystem Governance, the proposed protocol changes will take effect within 16 hours.

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A new @CurveFinance proposal is up for voting to add a gauge for the scrvUSD/sUSDS pool called: “Curvykin Skysaver”

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Just one week after launch, the USDS supply on Solana is over 88 million.

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USDS rewards are live on @RaydiumProtocol. Users can earn 210,000 $USDS and 3,000 $RAY in weekly rewards by supplying liquidity to the USDS/USDC pool and @KaminoFinance vaults. More key stablecoin integrations to expand @Solana’s TVL, powered by the decentralized Sky Protocol.

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USDS supply on @aave's V3 Ethereum Market reaches 200 million, driving an increase in the supply cap to 400 million USDS.

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