Original

USDS will be launched on the SOL ecosystem soon, and the event will share 5 million USDS airdrops

This article is machine translated
Show original

BlockBeats reports that on August 8, Sky posted on X that Spark has deployed 5 million USDS to Aave's Lido market through a new Sky USDS direct deposit module. The module has been initialized with a maximum configuration of 100 million USDS, which can be expanded with increasing liquidity needs, and provides more competitive rates for USDS under larger trading volumes.

Additionally, USDS suppliers in the SOL ecosystem can now receive SPK and USDS rewards: the reward channel will open on August 10 at 08:00 (UTC+8), with details as follows (SOL ecosystem pool):

Total airdrop: 5,000,000 USDS

• Daily token holding reward percentage allocation

Basic holding: ≥10 USDS 1% airdrop every 12 hours

Intermediate holding: ≥5000 USDS 2% airdrop every 12 hours

Advanced holding: ≥20000 USDS 3% airdrop every 12 hours

-50,000 USD will be allocated weekly for bootstrap rewards, then adjusted to at least match sUSDS rates, currently 6.5%;

-3.33 million SPK pre-mining airdrops will be allocated monthly.

Users participating in SOL subscription with a cumulative USDS net deposit > 5000 during the event will receive an additional 10% SOL ecosystem reward after the PoolX activity ends.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments