Sky Introduces Fixed Yield Product for sUSDS Users
Sky has launched a new product called Fixed Yield, aimed at sUSDS users and its $6.16 billion market capitalization. According to NS3.AI, this product utilizes Pendle Protocol v2, allowing depositors to lock in a rate until a specified maturity date. The sky.money product page indicates an annual percentage yield (APY) of 5.38% with a maturity date of November 26, while DefiLlama reports the same sUSDS pool's SSR at 3.60% APY.