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USDS

USDS

usds#11

$0.999582

-0.00% (24h)

Price Chart

Market Cap

$11.83B

24h Volume

$71.56M

Circulating Supply

11.84B USDS

Max Supply

∞ Unlimited

24h High

$0.999918

24h Low

$0.999065

All Time High

$1.06

All Time Low

$0.948265

Fully Diluted Val.

$11.83B

From ATH

-5.5%

Price Change

24h-0.00%
7d-0.04%
30d+0.01%

About USDS

USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S. dollar. It functions as a versatile tool for decentralized finance (DeFi), allowing value to move through the system via peer-to-peer lending and saving without a middleman.

The token is 'put to work' by being supplied to various protocol modules; for example, users can convert USDS into sUSDS to earn interest from protocol revenue or lock it to receive SKY governance tokens. As the ecosystem grows, this scales through "Sky Stars," which are semi-aut…