Sky Protocol holds two massive ETH positions close to liquidation, while USDS expands across chains with growing ecosystem support.
Browsing: USDS
USDS supply soared past 9 billion in February, overtaking DAI. Sky Protocol expanded its reach with multichain adoption and liquidity growth.
The founder of Sky (MKR) has disclosed that there will be a full migration to its new identity next year to clear up any confusion surrounding the token. He also…
Sky, a decentralized finance (DeFi) lending and borrowing protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. The implementation of USDS on Solana is…
Sky launches USDS on Solana, enabling seamless Ethereum-Solana interoperability and enhancing DeFi liquidity management. Spark Liquidity Layer automates multi-chain USDS liquidity, offering slippage-free swaps and stable borrowing for DeFi users.…
Spark Liquidity Layer automates multi-chain USDS and sUSDS liquidity management, boosting DeFi efficiency and scalability. Cross-chain swaps with no slippage and stable borrowing rates redefine multi-chain stablecoin functionality. The Spark…
Sky co-founder Rune Christensen has proposed that the community either recenter the Maker brand or maintain the momentum of the Sky brand. Since the rebranding was done, MKR has declined…
SparkLend offers USDS borrowing at 6.5% with flexible collateral options and a customized loan-to-value ratio. Spark has deployed $25 million in liquidity to Aave’s Lido market, aiming to reach $100…
Spark deployed 25M USDS liquidity into Aave’s Lido market, boosting borrowing capacity for users at scale. Spark plans to increase USDS liquidity in Aave’s Lido market to 100M, improving competitive…
The Sky Protocol launch on Ethereum introduces SKY and USDS tokens, enhancing earning opportunities for users. Users can borrow or save with USDS, DAI, or USDC, benefiting from the Sky…
Sky Protocol launches USDS, enabling non-custodial savings with native rewards through Sky Token Rewards and Sky Savings Rate. Aave Labs collaborates with Sky Protocol to integrate USDS into Aave V3,…
The Gnosis Chain community is reconsidering gas tokens due to USDS’s centralization concerns. Chainlink’s CCIP and Automation now operate on Gnosis, boosting blockchain development. The Gnosis Chain community is at…
Stably launches on/off ramp integration to support stablecoins on Stellar. In the pipeline is the Stellar Ecosystem Proposal 31 (SEP 31) which once implemented will accelerate the development of cross-border…