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The Stability Scope governs the management of the USDS Stablecoin. The USDS Stablecoin must be a permissionless and useful currency available to anyone. Its stability and risk must be managed to generate as much value for Sky and public good as possible.
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This Article defines methodologies and processes for optimizing and aligning the Core Stability Parameters, which are designed to stabilize the USDS Stablecoin.
This Section defines the Core Stability Parameters.
The Base Rate is the key interest rate in the system. It defines all other rates by various spreads. It is expressed as an annual percentage rate.