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.
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 Dai Savings Rate (”DSR”) is the rate Dai holders can earn on their Dai in the Dai Savings Rate smart contracts.
The Dai Savings Rate is determined based on the Base Rate and DSR Spread parameter using the following formula:Dai Savings Rate = Base Rate + DSR Spread