Sky Ecosystem participants are heading to @devcon in Bangkok, gearing up for the year's biggest Ethereum event.
Don't miss the Sky agenda:
• 10/11 - Unstable Summit keynote with Sam McPherson: Solving Liquidity Fragmentation with Decentralized Stablecoins.
• 11/11 - Ethereum Enterprise Alliance panel with @rune.
• 12/11 - Sparkvinity, hosted by Spark and produced by Divinity, for those yearning to experience the new chapter of Daivinity.
• 13/11 - DeFi Renaissance Day panel with Rune, hosted by @aave, powered by the Sky Aave Force.
USDS surpassed 1.07 billion supply in the first month since launch.
Below you can find an infographic with the most relevant milestones.
For real-time metrics on USDS, visit the site built by BlockAnalitica: <info.sky.money>
Qualified users who earned boosted SKY rewards from the Sky Protocol's Early Bird campaign can now claim them in the Sky App!
To claim your rewards:
• Head to <app.sky.money>
• Open the Rewards tab.
• Click Claim Boosted Rewards.
Claiming is available until the end of 2024.
After the launch of the decentralized Sky Protocol and USDS, @rune 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: <forum.sky.money/t/success-of-the-usds-launch-and-the-opportunity-to-recenter-the-maker-brand/25383>
The following parameter changes have been deployed in the decentralized Sky Protocol after the latest Executive Vote:
• WBTC Vault Stability Fees increased: WBTC-A to 9.25%, WBTC-B to 9.75%, and WBTC-C to 9%
• The Sky Savings Rate increased to 6.5%
• The Dai Savings Rate decreased to 5.5%
• The Effective DAI Borrow Rate on SparkLend decreased to 6.5%
USDS is now live on Aave's v3 Ethereum Main and Lido pools.
Supply and borrow USDS directly on:
• Aave v3 Ethereum: <app.aave.com/markets/>
• Aave v3 Lido: <app.aave.com/markets/?marketName=proto_lido_v3>