Sky Protocol proposes two major structural upgrades to strengthen the capital protection framework

April 8 news: On April 7, Sky Governance announced two structural upgrade proposals aimed at strengthening the protocol’s capital protection framework. The two proposals are: implementing a stronger solvency buffer mechanism and adopting a more sustainable staked-reward model, with the goal of solidifying the protocol’s long-term stability and prioritizing credibility over the pursuit of short-term returns.
Sky Protocol stated that its yield stablecoin, sUSDS, is the largest in its peer group, and credited this success to the protocol’s unique risk positioning compared with its competitors.

SKY4.68%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments