Sky Token Rewards
Use USDS to access Sky Token Rewards
All rewards
With: USDS Get: SKY
Rate: 4.57%
TVL
176,830,942 USDS
Suppliers
803
With: USDS Get: SPK
Rate: 4.37%
TVL
588,492,556 USDS
Suppliers
291
Chronicle Points
TVL
35,746,816 USDS
Suppliers
2,237
About Sky Token Rewards
When you supply USDS to the Sky Token Rewards module of the Sky Protocol, you receive Sky Token Rewards over time. The USDS tokens, as well as the rewards received, are supplied to a non-custodial smart contract that represents the USDS pool of assets. That means no intermediary has custody of your supplied assets.
Total TVL
801,070,314 USDS
Rewards Suppliers
3,331
USDS
USDS is the stablecoin of the decentralised Sky Protocol. It can be used in several ways, including to participate in the Sky Savings Rate and get Sky Token Rewards without giving up control. It is the upgraded version of DAI.
SKY
SKY is a native governance token of the decentralised Sky ecosystem and the upgraded version of MKR. You can upgrade your MKR to SKY at the rate of 1:24,000, trade SKY for USDS and, soon, use it to accumulate Activation Token Rewards and participate in Sky ecosystem governance.