What is USDS (USDS)
What is USDS (USDS)
Start learning about what is USDS through guides, tokenomics, trading information, and more.
USDS (USDS) Basic Introduction
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.
USDS (USDS) Profile
USDS (USDS) Tokenomics
Tokenomics describes the economic model of USDS (USDS), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
USDS TokenomicsPro Tip: Understanding USDS's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
USDS (USDS) Price Prediction
Building on tokenomics and past performance, price predictions for USDS aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of USDS? Check it out now!
USDS Price PredictionDisclaimer
The information on this page regarding USDS (USDS) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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