|
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.
View Provenance
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.
View Provenance
This Section defines procedures related to Arrangers, Ecosystem Actors that assist in the design and operation of Arranged Structures. Every Arranged Structure must have a designated Arranger responsible for conducting ongoing reporting. All aspects of this relationship, including the Arranger's duties, must be defined in this Section.
View Provenance
When they deem it necessary, the Stability Facilitators may initiate a Governance Poll to onboard or offboard Arrangers. The list of current active Arrangers is maintained in .
View Provenance
List of current active Arrangers:• BlocktowerFollowing the voluntary offboarding of Monetalis as an active Arranger, the Clydesdale RWA Arranged Structure must be wound down by the Stability Facilitator in collaboration with Monetalis or another suitable entity that can serve as an interim Arranger. This process must ensure a smooth and orderly wind-down of the assets within Clydesdale to minimize fees and maximize returns.