USDS

About USDS

USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg to the U.S. dollar. It functions as a versatile tool for decentralized finance (DeFi), allowing value to move through the system via peer-to-peer lending and saving without a middleman. The token is 'put to work' by being supplied to various protocol modules; for example, users can convert USDS into sUSDS to earn interest from protocol revenue or lock it to receive SKY governance tokens. As the ecosystem grows, this scales through "Sky Stars," which are semi-autonomous projects that expand the stablecoin's utility into specialized areas like institutional credit and advanced lending.

• USDS is part of the Sky ecosystem, which includes a governance token called SKY.
• Users can convert USDS into sUSDS to earn interest from protocol revenue.
• The ecosystem uses 'Sky Stars' to expand USDS utility into specialized areas like institutional credit.
• USDS is available on multiple blockchain ecosystems including Ethereum, Solana, Arbitrum, and Base.