Sky Protocol Sky has become the fifth encryption project that launches a decentralized PERPS offer to launch hyperliide hyperlivized and Stablecoin version.
Ron Kresner, co -founder of Sky, published on Monday’s proposal to support Hyperliquid Stablequin, where he presented Sky resources and a customized symbol promise with competing US Treasury bills.
“By using Sky to Power Usdh, the excessive liquid community will gain irreplaceable advantages that no other Stablecoin project can offer,” Kristensen said at its stadium.
Sky, previously known as Maker, created and supported USDS (USDS) and Dai (Dai), respectively, fourth and fifth largest Stablecoins, which is worth about $ 12.5 billion, and its proposal is linked to at least four other encryption projects to win the USDH mission, which was published on Friday.
Sky is a USDH return, the option to comply with ACT Genus
The wide-ranging suggestion will get a 4.85 % return on all the US dollar on its platform, which he said was “much higher than the T-Bill rate.”
He added that Usdh will also be able to convert to and from a copy of USDs Stablecoin, which gives owners 4.75 % and will be “multi -dimensional” using a Blockchain Protocol layer.
The excessive liquid community will also be able to allocate Stablecoin under Sky’s proposal, while giving ChristenSen an example that it can comply with the American Stablecoin laws under Genius law, which prevents exporters from Stablecoin from the return.
Kristensen said Sky will also give $ 25 million to create a project “to grow autonomous judgment on excessive liquid”, which will have exclusive symbols that could “may bring billions” to the protocol.
The fifth sky width of the excessive liquid
Sky’s suggestion is the fifth similar to Stablecoin from a major encryption project after its disagreement on Friday that he wants the stadiums from “the teams interested in publishing the liquid branch, the original Stablecoin with Tocker Usdh”.
This comes after the first proposal from the original markets, a new project created by the excessive lawyer in Max Fiege, which will witness the problem of the stable’s’ Stable’s Stablecoin.
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Also in this mix, there is a Stableco Frax protocol, Stablecoin Paxos source, and Agora Craft Infrastructure, with support from Crypto Fintech Moonpay.
CEO of VANECK appeals to the excess evaluation
Meanwhile, Jean Van Eyk, CEO of the Investment Giant Vanc and the father of the co -founder of Nick Van Eyk, wrote to X on Monday to attract the excessive liquid community to support his son Stablecoin’s offer.
“We will feel overwhelmed to be part of your community’s ecosystem,” he wrote. “We have talked to many pioneering Hyperevm builders and continue to search for new ways to contribute to the height of the liquid, whether through this Agora suggestion or anything else in the future.”
“But we do not like to be wrapped in the gang,” said Van Ike. “You will not want us as a partner if we are paid easily.”
Excessive endorsing people will vote for their favorite suggestion after the next upgrade of the network, which has not yet been announced.
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