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USDS and SKY are live on
Ethereum
along with DeFi features powered by the decentralized Sky Protocol, all available at http://Sky.money.
#ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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DeFi Renaissance starts.
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With over 5 billion in circulating supply, USDS and DAI are the largest decentralized stablecoins. Integrating USDS and DAI unlocks access to billions in liquidity for DeFi and beyond. Since inception, the decentralized Oracle protocol securing DAI and USDS has been known as Chronicle, operated by @ChronicleLabs. That means, any integration with USDS and DAI utilizes the Chronicle Oracle. And now, Chronicle's $CLE launch introduces a new chapter with Chronicle Points powered exclusively by the decentralized Sky Protocol.
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Sky Ecosystem participants are heading to @EFDevcon in Bangkok, gearing up for the year's biggest Ethereum event. Don't miss the Sky agenda: • 10/11 - Unstable Summit keynote with @hexonaut: Solving Liquidity Fragmentation with Decentralized Stablecoins. • 11/11 - Ethereum Enterprise Alliance panel with @RuneKek. • 12/11 - Sparkvinity, hosted by @sparkdotfi and produced by @divinityglobal, for those yearning to experience the new chapter of Daivinity. • 13/11 - DeFi Renaissance Day panel with @RuneKek, hosted by @aave, powered by the Sky Aave Force.
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Over 500 million USDS is growing through the Sky Savings Rate, currently at 6.5%. Powered by the most reliable decentralized savings protocol. https://x.com/SkyEcosystem/status/1852072474504319337/photo/1
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USDS surpassed 1.07 billion supply in the first month since launch. Below is a breakdown of the key metrics driving this growth.
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