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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 defines temporary measures for implementing the Stability Scope during the transition to the Endgame State.
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This Section defines temporary measures to give effect to the Stability Scope during the Endgame transition.
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The Native Vault Engine will be upgraded to support Star ownership and transferred to the first Star incubated from the Incubator. It is temporarily controlled by Sky Core.While it is under the control of Sky Core, it will have a limited set of collateral types and risk parameters that the Stability Facilitators must implement according to the following subdocuments.
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If not otherwise specified, the Stability Facilitators have the ability to modify any of the parameters defined in for any of the Vault Types in . As a general rule, the modification of said parameters is pursuant to the Operational Weekly Cycle and can be effected directly via an Executive Vote, without requiring a Governance Poll. Exceptions to this general rule must be clearly stated in the relevant Atlas document.