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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 the exposure for the Morpho Vaults and the associated governance processes.
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A multisig, controlled by Governance Facilitator JanSky, has been established to adjust the DDM parameters in real time. To prevent abuse, the management of the DDM parameters, and Governance Facilitator JanSky’s use of the multisig, must wholly adhere to the Stability Facilitator’s instructions, as required by . The members of the multisig can be expanded beyond the single JanSky account. The multisig and other relevant control mechanisms can be established through an Executive Vote initiated by the Stability Facilitators at will.