Glossary
sUSDS
Sky's yield-bearing wrapper for USDS — the successor to sDAI, delivering the Sky Savings Rate automatically as the wrapper compounds.
sUSDS launched in September 2024 alongside USDS as part of the MakerDAO-to-Sky rebrand. Mechanically it mirrors sDAI: deposit USDS into the contract, receive sUSDS, watch the redemption ratio compound at the Sky Savings Rate.
The SSR pulls from the same revenue mix as Maker's DSR did — RWA yield, vault fees, treasury — but is now under Sky governance. sUSDS is the canonical yield-bearing stable in the Sky / Spark ecosystem going forward.