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DeFiScan
@defiscan
Sky's decentralization review @makerdao' Sky is a stablecoin protocol allowing users to mint its USDS stablecoin through Collateralized Debt Positions with a variety of crypto collateral assets. Sky is built on the Maker protocol, by the MakerDAO, to replace the DAI stablecoin and allow for the 1:1 conversion between DAI and USDS. USDS can further be staked for the yield-bearing sUSDS token. Various levels of control over the Sky protocol are exercised through an onchain governance system.
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DeFiScan pfp
DeFiScan
@defiscan
Decentralization Assessments ⛓️Chain 🟢The report is concerned with the Sky instance deployed on Ethereum mainnet. Ethereum achieves a Low chain centralization score.
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