Driving the DeFi Renaissance.

Step into the vision behind Sky on Solana with @RuneKek's talk tomorrow 18:30 at Solana Consumer Day in Bangkok.

DeFi Renaissance starts.

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.

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.

Over 500 million USDS is growing through the Sky Savings Rate, currently at 6.5%.

Powered by the most reliable decentralized savings protocol.

USDS surpassed 1.07 billion supply in the first month since launch.

Below is a breakdown of the key metrics driving this growth.

Qualified users who earned boosted SKY rewards from the Sky Protocol's Early Bird campaign can now claim them in the Sky App!

Claiming is available until the end of 2024. https://x.com/SkyEcosystem/status/1851248537868370184/video/1

Trade your crypto for USDS to access Sky Protocol's features.

Powered by @CoWSwap protocol, trading through the Sky App optimizes liquidity and protects your transactions from MEV, ensuring no lost value.

Get USDS and SKY with the most user-protective trading protocol in DeFi. https://x.com/SkyEcosystem/status/1849871551929385423/video/1

Join the Sky community for an Ecosystem Call tomorrow, October 25, at 18:00 UTC.

During the call, the Sky community is invited to explore the proposed brand-recentering changes, understand the reasoning behind them, and share any questions or suggestions they may have.

Currently, 14 million USDS are earning Chronicle Points, which can later be claimed for CLE tokens at a rate of 10 Chronicle Points per CLE token. Terms apply.

But, what’s Chronicle? https://x.com/SkyEcosystem/status/1849457581129191780/video/1

https://x.com/i/spaces/1lDxLlReRMZxm

Join @RuneKek and the Sky community for a Spaces discussion on the first month since Sky's launch and what's next.

Don't miss the opportunity to share your thoughts!

https://x.com/i/spaces/1lDxLlReRMZxm

After the launch of the decentralized Sky Protocol and USDS, @RuneKek has shared momentum stats for the USDS stablecoin, along with new proposals in the Sky forum outlining three key areas for consideration moving forward.

As part of the decentralized community, feedback is encouraged. Take a moment to check out the proposal and join the discussion!

Proposal link in the next tweet.

Save USDS.

Head to Save, supply your USDS to the Sky Savings Rate, and start growing your savings right away through a decentralized system that has successfully secured billions of dollars for years.

Upgrade your MKR to SKY

Use the Upgrade feature to convert your MKR to SKY at a rate of 1 MKR → 24,000 SKY.

Upgrading is optional, and you can convert your SKY back to MKR anytime.

Spark has deployed 5 million USDS into Aave’s Lido market through a new Sky’s USDS Direct-Deposit Module.

The module has been initialized with a 100 million USDS maximum allocation, designed to scale as liquidity demand increases and enable more competitive rates for USDS at larger volumes.

Additionally, USDS suppliers on Aave can now earn SPK and USDS rewards!

New USDS and SPK rewards are live for USDS suppliers on Aave!

• 50,000 USDS will be allocated weekly to bootstrap rewards and will then adjust to match at least the sUSDS rate, currently at 6.5%.

• 3.33 million SPK pre-farming airdrop allocation is distributed on a monthly basis.

Get Sky Token Rewards.

Got USDS? Awesome.

Head to Sky Token Rewards and choose between SKY tokens or @ChronicleLabs points.

The Sky Savings Rate has increased to 6.5%, providing Sky app users with higher USDS rewards through the decentralized Sky Protocol, all while maintaining full control over their assets.