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Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin

The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month to incentivize traders that swap into USDS and deploy it, said Rooter, the pseudonymous leader of borrow and lend protocol Save, which is handing out 400,000 worth of USDS a month to suppliers of the new stablecoin.

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Danny Nelson

https://www.coindesk.com/business/2024/11/20/juiced-usds-yields-woo-solana-traders-to-skys-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-11-20 16:00:30

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