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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.
This Article defines rules pertaining to Sky’s Collateral Portfolio, which consists of several different assets to ensure liquidity.
This Section governs the management of Sky’s Collateral Portfolio.
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The subdocuments herein define the process by which Sky vault users should be notified about collateral offboarding.
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The subdocuments herein define the Communication Coordinator role.
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If the current Communication Coordinator is no longer willing or able to fulfill this role, then the Governance Facilitator may appoint a new Communication Coordinator.• The Governance Facilitator is permitted to modify by replacing the existing Communication Coordinator.• The new Communication Coordinator must have publicly communicated their willingness to fulfill the Communication Coordinator role.• The Governance Facilitator must publicly communicate that the modification has taken place.