USDS (Sky Dollar) product
Overview
The Sky protocol, previously operating under the name MakerDAO, issues a decentralized stablecoin called USDS (Sky Dollar). Its value is fixed to the US dollar, and it functions within the Sky ecosystem to facilitate lending, borrowing, and additional DeFi operations. USDS is separate from DAI, which was the original stablecoin created by MakerDAO.
Within The Counterparty graph, USDS (Sky Dollar) connects to 3 tracked entities, most strongly to Sky (formerly MakerDAO), DAI Stablecoin, DAI Stablecoin.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued | Sky (formerly MakerDAO) | 95% |
upgradeable_to | DAI Stablecoin | 95% |
replaces | DAI Stablecoin | 95% |
Frequently asked questions
What is USDS (Sky Dollar)?
USDS (Sky Dollar) is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 3 other tracked entities, most strongly to Sky (formerly MakerDAO), DAI Stablecoin, DAI Stablecoin.
What type of entity is USDS (Sky Dollar)?
USDS (Sky Dollar) is classified as a stablecoin (product) in The Counterparty knowledge graph.
What is USDS (Sky Dollar) connected to?
In The Counterparty knowledge graph, USDS (Sky Dollar) is linked to 3 other tracked entities, most strongly to Sky (formerly MakerDAO), DAI Stablecoin, DAI Stablecoin.