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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 governs the secure management of Real World Assets (RWA), which serve as collateral for the USDS Stablecoin. RWAs are enforced through legal recourse by Arranged Structures and present unique risks that this Article must address.
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Arranged Structures are special legal structures set up by Ecosystem Actors to secure Real World Assets to help stabilize the Sky Ecosystem. Each Arranged Structure has a Conduit system which is owned by a Star and automatically connected to all Stars; the Conduit allows them to send and receive USDS or other assets.