Sky Protocol proposes to adjust repurchase fund allocation to enhance USDS stability

The governance of Sky Protocol has released a proposal to temporarily adjust the allocation of repurchase funds to enhance the stability of USDS. The vote will continue until 16:00 on the 12th of this month (UTC+8). Given that the circulating supply of USDS has exceeded $11 billion, the proposal suggests reducing the programmatic SKY repurchase ratio from 75% of net profit to approximately 7.5%, expected to last for three months, during which the SKY staking reward will remain effective.