ChainCatcher message, Pendle announced on platform X that it has partnered with Sky to add an sUSDS market to its RWA product line, with an expiration date of March 27, 2025.

According to ChainCatcher news, Ethena Labs has announced that it has determined the RWA allocation plan for the reserve fund. After evaluation by the risk committee, four standout assets were selected from 25 proposals: BUIDL (Blackrock/Securitize), USDS (Sky), USTB (Superstate), and USDM (Mountain).The risk committee is composed of five industry-leading risk and consulting firms, including Gauntlet, Block Analitica, Steakhouse, Llama Risk, and Blockworks Advisory. The allocation of the reserve fund is expected to take place in the coming days, during which the reserve fund balance may experience temporary fluctuations.The risk committee will continue to monitor these allocations and provide regular risk updates to the community. This RWA allocation aims to optimize the asset allocation of the Ethena reserve fund, improving the efficiency and security of fund utilization. A detailed decision review can be found on the official governance forum of the Ethena Foundation.

ChainCatcher news, Sky posted on the X platform that USDS has been launched on the Ethereum mainnet's Aave v3 and Lido liquidity pools.

ChainCatcher news, Rune Christensen, co-founder of Sky (formerly Maker), announced the latest developments of Sky Protocol on the X platform. Sky completed its upgrade on September 18, launching USDS, SKY tokens, and related features, including USDS savings rates and token rewards. Within 8 days, the supply of USDS reached 570 million and was integrated into multiple Ethereum frontends and wallets.It is reported that Sky will launch more features in the coming months, including deep integration of Sky with Aave, the launch of SKY on Solana, the SKY Seal module, and SkyLink cross-chain functionality, driving the continuous expansion and innovation of the Sky ecosystem.

ChainCatcher news, MetaMask posted on X that the new tokens SKY, USDS, and sUSDS of Sky Protocol are now available for trading on MetaMask.

ChainCatcher news, according to official sources, Wormhole announced that the DeFi protocol Sky (formerly MakerDAO) is using Wormhole's NTT (Native Token Transfer) framework to expand SKY, USDS, and sUSDS into native multi-chain tokens that can be used on Ethereum and Solana, with more expansions to come.

ChainCatcher news, Sky posted on the X platform that since its launch, over 280 million DIA have successfully upgraded to USDS in the first 24 hours.

ChainCatcher news, Rune Christensen, the founder of Sky (formerly MakerDAO), posted on X that the supply of USDS exceeded 200 million within 18 hours of its launch. Its primary use case is for SKY token rewards.

ChainCatcher message, MakerDAO rebranded Sky posted on platform X that USDS and SKY have been launched on Ethereum, along with DeFi features supported by the decentralized Sky protocol, all available on the official website.Currently includes features such as upgrading DAI and MKR to USDS and SKY, trading cryptocurrencies for USDS or SKY, earning SKY token rewards, and storing USDS.

ChainCatcher news, MakerDAO founder Rune stated on the X platform that MakerDAO has officially been renamed to Sky, with the token expected to upgrade to USDS and SKY on September 18. Users can register for the early bird reward program on its official website Sky.Money. Eligible users will receive double rewards in the first month after the project launch.

ChainCatcher news, according to CoinDesk, BitGo plans to launch the US dollar stablecoin USDS in January 2025, offering incentives to institutions that provide liquidity to the network. USDS is backed by short-term treasury bills, overnight repos, and cash.

ChainCatcher news, Sky stated on the X platform that the DeFi management platform DeFi Saver will support features related to Sky Protocol on September 18, including SKY and USDS tokens.

ChainCatcher message, Sky posted on the X platform stating that Sky Aave Force is advancing the following cooperation plan between Aave and Sky:Integrate USDS and sUSDS on the Aave V3 market and provide native Aave incentives.SKY-sUSDS converter on the Aave interface.SPK token airdrop for Aave market suppliers.USDS liquidity injection into Aave's stETH market supported by Sky Protocol.

ChainCatcher news, according to the Snapshot governance page, the Aave community has initiated a proposal vote to "bring USDS and sUSDS into Aave v3," aiming to introduce USDs and sUSDS (the renamed DAI and sDAI tokens) into Aave v3. The voting will end on September 6.

ChainCatcher news, Rune, co-founder of Sky (formerly Maker), stated that Sky's new crypto stablecoin USDS may have a court-like decentralized appeals process as part of its freezing feature.USDS will not have a freezing feature at launch, but it can be upgraded if the governing body decides to add it. If this feature is indeed implemented, users whose USDS are frozen can "leverage the power of decentralized governance to ensure that due process and other matters are conducted transparently."Rune mentioned that it is unclear when or if the USDS freezing feature will go live—however, it requires "very careful legal, political, and regulatory analysis, and clearly a very thorough design process that needs to be completed by the decentralized governance body of Sky."

ChainCatcher news, Sky (formerly MakerDAO) has proposed an important initiative aimed at integrating Sky (formerly MakerDAO) protocol's USDS and sUSDS (the rebranded DAI and sDAI) into the Aave ecosystem. The proposal mainly includes two aspects:First, users supplying sUSDS on the Aave V3 main market will be eligible to participate in a monthly pre-mined airdrop incentive program of 3.33 million SPK tokens;Second, it is proposed to deploy a USDS D3M with an initial debt ceiling of $100 million to Aave's Lido-specific market.MakerDAO stated that this is the first step towards establishing a deeper relationship with Aave, aiming to position both protocols as the core of scalable DeFi. The Aave team has agreed to share the revenue from the sUSDS and USDS markets with Spark on a 50/50 basis. Additionally, the proposal includes measures to prevent the looping of dollar stablecoins, as well as an operational plan allowing governance coordinators to quickly adjust market exposure through a multi-signature wallet. Upon approval of the governance process, these two proposals will be implemented at the earliest feasible opportunity after the launch of USDS and sUSDS tokens on September 18. The SPK reward program will commence at the block when the market is incorporated into the Aave V3 main market.

ChainCatcher news, according to The Block, Gnosis Chain community members are reconsidering their choice of Gas token after MakerDAO rebranded to Sky and launched a new stablecoin, Sky Dollar (USDS). Gnosis operates a sidechain that currently uses a bridged version called xDAI to pay for Gas fees on the network.MakerDAO is the issuer of DAI, a stablecoin backed by collateralized crypto assets. The new USDS stablecoin may introduce more centralized features, including the ability to "freeze" wallet addresses and restrict access for users in the UK and the US. These changes have raised concerns among Gnosis Chain users about the reliability of USDS in covering transaction costs.Community members emphasized that the freezing feature of USDS contradicts Gnosis's principles of decentralization. Gnosis Chain members discussed exploring several alternative solutions, with proposed options including adopting decentralized stablecoins like RAI and LUSD or a basket of currencies. Additionally, members suggested that Gnosis Chain could use its native staking token Gnosis (GNO) as a Gas token, aligning with practices of other blockchain protocols. This discussion is still in the preliminary stages, and no formal proposals have been put forward yet.