Post
Topic
Board Altcoin Discussion
Topic OP
What do you think about USDS stablecoin?
by
Ota.collins
on 23/01/2025, 13:43:08 UTC
Stablecoins don't get as much attention as most cryptocurrencies as many don't see any profit potential in holding stablecoins but some stablecoins have changed this narrative.

USDS which is a stablecoin is quite different from others. From doing some research on it I discovered that USDS holders can earn rewards through Sky Token Rewards, where supplying USDS to the Sky Token Rewards module grants SKY governance tokens over time.

You can check it out here https://sky.money/. This can be a great way to hold your profits when the bear market comes as you continue to make profits while holding the stablecoin.

I am now curious to know how many stablecoins offer this. Having more than one can help with comparison. Kindly share if you have come across any others, and also what your thoughts are.