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SKY's stablecoin USDS (formerly known as DAI) has been officially deployed on the Solana chain.
SKY (formerly MakerDAO)'s stablecoin USDS (formerly DAI) has been officially deployed on the Solana blockchain, becoming the first mainstream Decentralized Finance native stablecoin adopted by the Solana ecosystem.
This is a small step for SKY, and also a milestone on the road of Solana Flip ETH.
Last year, when the core content of SKY was the split of sub-DAO, brand reshaping, AI governance, and the proposal of the End Game roadmap for the new governance chain, it encountered opposition from Vitalik and the Ethereum community as it planned to use Solana's forked chain as the governance chain, and Tokendumping.
But in order to achieve the vision of a 100 billion decentralized stablecoin, the SKY community has a very strong willpower to implement a multi-chain expansion strategy, and has not been influenced by external factors.
SKY will natively integrate NTT of wormhole as the USDSCross-Chain Interaction module, and provide USDS Yield Farming incentives for the adoption of USDS in the Solana Decentralized Finance market.
Hot thinking 🤔: Should the design and development of infra be aligned with consumers or with an all-knowing encryption oracle?