Savings rate (Sky Savings Rate)
A savings rate (working definition) is a variable return a stablecoin protocol pays on deposits of its stablecoin. Sky says the Sky Savings Rate is a variable protocol rate funded from aggregate Sky protocol surplus that can change over time, and sUSDS is the token that implements it for USDS under the ERC-4626 vault standard. Sky.money says it does not control, set or guarantee the rate.
What the sources say
| Source | Quote | Link |
|---|---|---|
| Sky.money: what the Sky Savings Rate is | "The Sky Savings Rate is a variable protocol rate funded from aggregate Sky protocol surplus, and it can change over time." | sky.money |
| Sky.money: not set by Sky.money | "Sky.money does not control, set, or guarantee the rate." | sky.money |
| Sky developer docs: sUSDS implements the rate | "sUSDS token represents a tokenized implementation of the Sky Savings Rate for USDS, fully compliant with the ERC-4626 standard." | developers.sky.money |
Related terms
See also
- Explainer: Where does the Sky Savings Rate come from — and who sets it?
- Review: revain.org/coins/usds/
- Review: revain.org/coins/dai/
- Review: revain.org/projects/maker-sky/
Checked against the sources on 2026-11-01.