ME News reports that on April 7 (UTC+8), Sky Governance announced two structural upgrade proposals aimed at strengthening the protocol’s capital protection framework. The two proposals are: implementing a stronger solvency buffer mechanism and adopting a more sustainable staking reward model, with the goal of reinforcing the protocol’s long-term stability and prioritizing trust over short-term yield pursuit. Sky Protocol noted that its yield-bearing stablecoin, sUSDS, is the largest in its category, attributing this success to the protocol’s unique risk positioning compared to competitors. (Source: ChainCatcher)
Sky Protocol Proposes Two Structural Upgrades to Strengthen the Capital Protection Framework
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Summary
On April 7 (UTC+8), Sky Protocol announced two structural upgrades to strengthen its capital protection framework. The updates include a more robust solvency buffer mechanism and a more sustainable staking reward model, designed to enhance long-term stability and credibility. The protocol emphasized its sUSDS stablecoin, which leads in yield generation thanks to its optimized risk-to-reward ratio and unique risk profile.
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