USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S. dollar. It functions as a versatile tool for decentralized finance (DeFi), allowing value to move through the system via peer-to-peer lending and saving without a middleman. The token is 'put to work' by being supplied to various protocol modules; for example, users can convert USDS into sUSDS to earn interest from protocol revenue or lock it to receive SKY governance tokens. As the ecosystem grows, this scales through "Sky Stars," which are semi-autonomous projects that expand the stablecoin’s utility into specialized areas like institutional credit and advanced lending.
Where is USDS available for purchase?
You can exchange USDS tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading USDS is Curve (Ethereum), notably the USDS/USDS pair, which saw a trading volume of $ 15,23 MLN. in the past day. Additionally, Raydium (CLMM) and Manifest are popular alternatives for trading tokens.
What is the highest value USDS (USDS) has ever reached?
USDS (USDS) reached its peak price at 1.057 $ on 29 October 2024, approximately a year ago ago. Presently, the current price is -5.42% lower than this all-time high.
What is the historical minimum price for USDS (USDS)?
The minimum price reached for USDS (USDS) was 0.9482 $, documented on 03 October 2024, more than a year ago. In comparison, the current price is 5.42%, it above this historical low.
What is the fully diluted valuation of USDS (USDS)?
The fully diluted valuation (FDV) of USDS (USDS) stands at $ 9,53 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of USDS tokens. The realization of this FDV might take several years depending on the emission schedule of USDS tokens.
How to add USDS (USDS) to MetaMask?
By integrating USDS (USDS) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import USDS as a token. You can either manually import USDS by copying its contract address (0xdc035d45d973e3ec169d2276ddab16f1e407384f) or use MetaMask's Chrome extension to add USDS with a single click through P.CASH.
How to add USDS (USDS) to TrustWallet?
Incorporating USDS (USDS) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include USDS, you can either manually import it using the contract address (0xdc035d45d973e3ec169d2276ddab16f1e407384f) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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