Sky launched a stablecoin reward program, with SKY staking APY reaching 17.48%

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Sky, a project previously known as Maker, has just launched a stablecoin incentive program for users staking SKY tokens. Accordingly, stakers will receive rewards in the form of USDS, a type of stablecoin issued by the project. The annual staking yield (APY) is currently at 17.48%, creating an attractive incentive for investors to hold SKY long term. This program is part of Sky's new strategy to expand the stablecoin ecosystem and attract liquidity for the protocol.

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