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Sky Governance Raises sUSDS Savings Rate to 3.80% in October

The variable rate is set by governance and funded from the Sky Protocol’s aggregate surplus.

By Simon Yoon
Published
A silver token rests beside a glass vessel filled near its rim / TokenPost.ai
A silver token rests beside a glass vessel filled near its rim / TokenPost.ai

Sky Governance raised the Sky Savings Rate for Sky’s yield-bearing USDS token, sUSDS, to 3.80% in October, increasing the rate available to holders through the token.

The rate is variable and set by governance. Funding comes from the Sky Protocol’s aggregate surplus.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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