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Sky Launches Fixed-Rate Yield Product Built on Pendle, Targeting $6B sUSDS Pool

The Defiant·
Sky Launches Fixed-Rate Yield Product Built on Pendle, Targeting $6B sUSDS Pool
AI Analysis

Sky has launched a Fixed Yield product that offers a fixed interest rate for sUSDS depositors, providing a stable alternative to its variable savings rate. This new offering is built on Pendle Protocol v2 and aims to attract a $6 billion pool of deposits.

Key Topics

SkyPendle ProtocolsUSDS

Originally reported by The Defiant. Read the full article ↗

Sky Launches Fixed-Rate Yield Product Built on Pendle, Targeting $6B sUSDS Pool | AI Crypto Daily Wire