Sky Dollar (USDS)

DescriptionUSDS is the stablecoin of Sky Protocol, soft-pegged to the U.S. dollar and backed by surplus collateral

Category:crypto-backed

Minting and RedemptionUsers can access Sky Protocol's liquidity pools through Sky.money to trade USDC, USDT, ETH, or SKY for USDS. They can also upgrade DAI to USDS