governance

What Is Sky and How Does It Work?

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Introduction to Sky Sky is a decentralized finance ecosystem that developed from MakerDAO. It brings together stablecoin-related services, collateralized finance, staking-related functions, liquidity infrastructure, and on-chain governance. Three related terms have different meanings. Sky Protocol is the broader system, SKY is its Ethereum-based governance token, and USDS is a stablecoin designed to track the value … 더 읽기

What Is Convex Finance and How Does It Work?

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Introduction to Convex Finance Convex Finance is a decentralized finance application that helps users access pooled reward boosts and governance mechanisms associated with supported platforms, including Curve, Frax, and f(x). It matters because these mechanisms can otherwise require users to manage specialized token locks, voting rights, and reward systems themselves. Convex Finance is the protocol, … 더 읽기