Crypto Protocol Sky has become the fifth cryptographic project to launch an offer to help decentralized perps to exchange hyperlichid launch and issue a stable.
The Sky co -founder, Rune Christensen, published on Monday the proposal of her project to support the USDH Stablcoin of Hyperliquid, offering Sky’s resources and promising a customizable card with a performance that rivals the Treasury invoices of the United States.
“By using Sky To Power Usdh, the hyperlylic community will obtain unbeatable advantages that no other Stablecoin project can offer,” said Christensen in his field.
Sky, previously known as Maker, created and supports USDS (USDS) and DAI (DAI), respectively, the Fourth and Fifth Fifth Establishments that have a value of around $ 12.5 billion, and their proposal joins at least four other cryptographic projects to win the work of the USDH, which Hyperliquido recorded on Friday.
Sky promises the performance of the USDH, option for compliance with the genius law
Christensen’s wide proposal says that hyperlichid would receive a 4.85% yield throughout the USDH on its platform, which according to him is “significantly above the T invoice rate.”
He added that the USDH can also become and from a version of its USDS Stablecoin that gives its holders a performance of 4.75% and would be “natively multicin” using the Layerzero cross chain protocol.
The hyperliquida community can also customize the stablecoin under Sky’s proposal, with Christensen giving the example that he could comply with the USA laws of the USA. UU. According to the genius law, which prohibits Stablecoin emitters from paying performance.
Christensen said that Sky would also give $ 25 million to create a project to “grow Hyperliquid autonomous”, which will have exclusive tokens that could be “potentially bring billions” to the protocol.
Sky offers fifth per hyperlichid
Sky’s proposal is the fifth similar offer for the stablecoin of an important cryptographic project after Hyperliquid posted in his discord on Friday that he wanted launches of “teams interested in implementing a native stablcoin of hyperlycides with the USDH ticket.”
It occurs after Native Markets’s first proposal, a new company established by the hyperlylic lawyer Max Fiege that would see the Stablecoin Payment processor of Stripe.
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Also in the mixture are the Stablecoin Frax protocol, the stablecoin Paxos issuer and the Agora cryptographic infrastructure firm, with the support of Crypto Fintech Moonpay.
Vaneck’s CEO makes hyperlichid appeal
Meanwhile, Jan van Eck, the CEO of the Vaneck investment giant and father of Agora’s co -founder, Nick Van Eck, wrote to X on Monday to appeal to the hyperlyide community to apparently support the stable offer of his son.
“We would be delighted to be part of the ecosystem of his community,” he wrote. “We have talked to many of the main constructors of hyperevm and continue looking for new ways of contributing to hyperlycides, either through this agora proposal or something else in the future.”
“But we don’t like gangs to go,” said Van Eck. “You wouldn’t love us as a partner if they could push us easily.”
Hyperlichid validators will vote on their favored proposal after the next network update, which has not yet announced.
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