DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit

Retrieved on: 2025-05-13 16:35:47

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DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit. View article details on hiswai:

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... decentralized finance apps to spring up on Ethereum in 2017. Sky operates similar to a traditional bank. It needs to lend to others at a rate ...

Article found on: www.coindesk.com