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Sky Protocol proposes two major structural upgrades to strengthen the capital protection framework
ME News Report, April 8 (UTC+8), Sky Governance announced on April 7 that it has proposed two structural upgrade plans aimed at strengthening the protocol’s capital protection framework. The two proposals are: implementing a stronger solvency buffer mechanism and adopting a more sustainable staking reward model, with the goal of consolidating the protocol’s long-term stability and prioritizing credibility over short-term gains. Sky Protocol stated that its yield-bearing stablecoin sUSDS is the largest in its category and attributes this success to the protocol’s unique risk positioning compared to competitors. (Source: ChainCatcher)