PANews reported on November 27 that Sky Protocol announced the official launch of the USDS stablecoin reward program on the Raydium protocol. Users can earn 210,000 USDS and 3,000 RAY rewards weekly by providing liquidity to the USDS/USDC pool and Kamino Finance vault.
The specific reward distribution is as follows:
• USDS/USDC 0.01% pool: Weekly 5,000 USDS and 500 RAY;
• USDS/USDC 0.01% Kamino Vault: Weekly 200,000 USDS and 2,000 RAY;
• USDS/jitoSOL 0.25% Kamino Vault: Weekly 5,000 USDS and 500 RAY.