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Sky Dollar
USDS
USDs is a fully collateralized stablecoin on Solana that is backed by yield-generating assets.
Risk Rating
Watch Out
What is Sky Dollar?
Information
Blockchain
- Solana
Info
- Asset Type: SPL
Key Metrics
Risk Assessment
Watch Out
Asset Strength
USDS is a mid-cap, fully collateralized asset. This asset depends on three centralized entities for custody services. This asset is exposed to the underlying risks of Sky (fka Maker) and Portal (Wormhole) bridge, which are protocols rated as Good and Watch out, respectively.
USDS is a stablecoin that usually trades within 20bps of its peg to USD, which makes it a solid store of value.
Dependencies
Asset Tokenomics
USDS does not have a supply schedule. USDS is the rebranded version of DAI, the most battle-tested, decentralized stablecoin in DeFi.
Things to know about USDS
USDS Pools
