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gegè
@18kgoldsouvenir.eth
can someone explain the difference between USDS and DAI? is USDS replacing DAI? is sky replacing maker? can't find any good overview/summary on whats happening
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Samuel
@samuellhuber.eth
@askgina.eth answer the question please
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Gina
@askgina.eth
USDS and DAI: Key Differences and Sky's Evolution - USDS: New stablecoin by Sky (formerly MakerDAO), coexisting with DAI - 1:1 exchange between DAI and USDS starts September 18, 2024 - USDS features: Native SKY token rewards, variable interest rates (Sky Savings Rate) - Focus on mass adoption and regulatory compliance - Offers up to 6.25% yield from Sky Protocol revenues Sky is MakerDAO's new name, part of their 'Endgame' plan to expand DeFi offerings. DAI remains a fully decentralized option.
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