Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens - The team estimates it could earn approximately 27% APY, helping drive revenue to Sky and maximizing returns for Savings USDS depositors.

Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin - Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO).

Ethereum Giants Formerly Known as MakerDAO and DAI Now on Solana - Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."

Spark Liquidity Layer To Unlock Multi-Chain Functionality For Sky’s USDS Stablecoin - The liquidity layer will allow users to deposit or withdraw USDS via multiple networks.

Just four entities account for nearly all the votes to keep MakerDAO’s rebranding to Sky - Sky's USDS is now the third-largest stablecoin, replacing the original DAI which held that position for years on the charts.

Sky Considers Return to MakerDAO Brand Amidst USDS Success - Sky, the DeFi platform, considers rebranding to Maker after USDS stablecoin success and community feedback on tokenomics.The post Sky Considers Return to MakerDAO Brand Amidst USDS Success appeared first on BeInCrypto.

ZeroLend Nears $250M TVL, Spark Deploys $25M USDS to Aave, Sky's D3M Module Active - ZeroLend's @LineaBuild market is nearing $250 million in Total Value Locked (TVL), allowing users to supply or borrow more than 15 assets with competitive Annual Percentage Rates (APRs) and emissions

Ethena Picks BlackRock's BUIDL, Mountain, Superstate and Sky's USDS for $46M Tokenized RWA Investment - Ethena's $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.

Sky’s New Stablecoin USDS Jumped to $1 Billion Supply in Two Weeks - Ethena bought $400M of the stablecoin issued by the protocol formerly called MakerDAO to diversify collateral for its own stablecoin.

DeFi Protocol Sky, Formerly MakerDAO, to Launch on Solana Blockchain - SINGAPORE — Rune Christensen, the founder of Sky, previously named MakerDAO, announced at the Solana Breakpoint conference today that the DeFi protocol, which is known for its decentralized stablecoin, will roll out on Solana via interoperability protocol Wormhole.  “The USDS stablecoin, the SKY ...

Token2049 Roundup: Solana Seeker, BitGo Stablecoin and More - The Token2049 conference in Singapore featured Solana's Seeker phone launch, BitGo’s USDS stablecoin, and other major product announcements.

Sky Completes Rebrand By Launching New dApp and Tokens - Sky users can now migrate their MKR and DAI tokens to SKY and USDS.

Aave and Sky Set Differences Aside For USDS Incentives Proposal - Sky wants to bootstrap the growth of its new USDS stablecoin via Aave v3, with both projects agreeing to split revenue evenly.

Gnosis Chain community members evaluate gas token choices amid MakerDAO’s pivot to Sky - Gnosis Chain members are reassessing their choice of gas tokens following MakerDAO's rebranding to Sky and the introduction of USDS.

DeFi Community Reacts to MakerDAO Rebranding as Sky, Questioning Decentralization - MakerDAO’s transformation to Sky with new tokens USDS and SKY has ignited discussions on DeFi’s decentralization principles.The post DeFi Community Reacts to MakerDAO Rebranding as Sky, Questioning Decentralization appeared first on BeInCrypto.

DeFi Protocol MakerDAO Rebrands to Sky Ahead of USDS Stablecoin Launch in September - The project’s existing cryptocurrencies will remain in circulation, though users will have the option to convert their tokens.