USDS and SKY are live on Ethereum along with DeFi features powered by the decentralized Sky Protocol, all available at Sky.money.
• Upgrade to USDS and SKY: You can now use the Upgrade feature to go from DAI to USDS at a 1:1 rate and upgrade your MKR to SKY at a rate of 1 MKR → 24,000 SKY. Remember, upgrading is optional, and you can convert USDS and SKY back to DAI and MKR anytime.
• Trade your crypto for USDS or SKY to access Sky's features: Powered by CoWSwap protocol, trading through <sky.money/> optimizes liquidity and protects your transactions from MEV, ensuring no lost value.
• Get Sky Token Rewards: If you have USDS, head to Sky Token Rewards and choose between SKY tokens or ChronicleLabs points. If you joined the <sky.money> Early Bird Program and chose to receive SKY, you’ll automatically earn a 100% boost on the SKY earned from the wallet you used during the campaign.
• 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.
Note: Some of the Sky Protocol’s features, such as Sky Token Rewards and Sky Savings Rate, are not accessible through sky.money/](http://sky.money/)) in certain jurisdictions, including the US. For details on eligibility, please review our Terms of Use:*
Sky Aave Force is moving forward with the following collaborative initiatives between Aave and Sky:
• Integration of USDS and sUSDS on the Aave V3 market with native Aave incentives. • SKY-sUSDS converter on the Aave interface. • SPK token airdrop for Aave market suppliers. • Sky Protocol-powered USDS liquidity injection into Aave’s stETH market. • And more to come…
Join @rune tomorrow Thu Sept 12th 1:00 PM UTC for an AMA here on Orb to discuss the details!
Sky Aave Force, gearing up for deployment.
An unprecedented initiative by @sky and @aave to accelerate the next wave of DeFi adoption.
Conceived by Rune Christensen and Stani Kulechov in collaboration with Phoenix Labs and Aave-Chan Initiative, the proposal includes:
• Integration of USDS and sUSDS on the Aave V3 market with native token rewards.
• SKY-sUSDS converter on the Aave interface.
• SPK token airdrop for Aave market suppliers.
• Sky Protocol-powered USDS liquidity injection into Aave’s stETH market.
Dive into the details.
• Sky forum proposal: <forum.makerdao.com/t/spark-proposal-for-integrations-into-aave/25005>
• Aave forum proposal: <governance.aave.com/t/temp-check-onboard-usds-and-susds-to-aave-v3/18806>