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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.
The subdocuments herein define perpetual yield strategies and exposure targets that can be implemented by the Stability Facilitators.
The subdocuments herein define Perpetual Exposure parameters and the associated governance processes.
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The level of exposure that can be adjusted is defined as Active Data in: The Active Data is updated as follows:• The Responsible Party is the Stability Facilitators.• The Update Process must follow the protocol for ‘Direct Edit’.