SkyEcosystem has announced the launch of its decentralized stablecoin, $SKY, which is now listed on KuCoin with the trading pair SKY/USDT. Deposits are now open on the ETH-ERC20 network. The launch was celebrated by various members of the crypto community. Additionally, SkyEcosystem will be expanding to the Solana blockchain via the interoperability protocol Wormhole. This announcement was made by SkyEcosystem founder RuneKek at the Solana Breakpoint crypto conference in Singapore. The expansion will include an incentive program allocating 2 million SKY per week to Solana DeFi protocols that integrate USDS and SKY.
Today at breakpoint presented my upcoming proposal to bring Sky on Solana soon It will use Wormhole to bridge SKY, USDS and sUSDS alongside an incentive program to allocate 2 million SKY per week to Solana DeFi protocols that integrate USDS and SKY https://t.co/dbcuy23CVj https://t.co/0cBtvgs4ph
https://t.co/CkrDnIvpro @RuneKek announcing @SkyEcosystem on @solana https://t.co/oCVkAABr3Q
.@SkyEcosystem founder 🟦☁️ @RuneKek told the @Solana Breakpoint conference in Singapore today that Sky, known for its decentralized stablecoin, will roll out on Solana through @Wormhole. @httpsageyd reports https://t.co/fZNPEtL8Bw