TechFlow news: Sky (formerly MakerDAO) has proposed a significant initiative to integrate Sky's USDS and sUSDS (rebranded DAI and sDAI) into the Aave ecosystem. The proposal consists of two main components:
-
First, users supplying sUSDS on Aave V3's main market will be eligible for a pre-distribution incentive program offering 3.33 million SPK tokens per month;
-
Second, it is proposed to deploy a USDS D3M with an initial debt ceiling of $100 million to Aave's Lido-specific market.
MakerDAO stated that this marks the first step toward establishing a deeper relationship with Aave, aiming to position both protocols as foundational pillars of scalable DeFi.
The Aave team has agreed to share revenues generated from the sUSDS and USDS markets with Spark on a 50/50 basis.
In addition, the proposal includes measures to prevent USD stablecoin looping, as well as an operational plan enabling the governance coordinator multi-sig wallet to rapidly adjust market exposures.
Following approval through governance, both proposals will be implemented at the earliest feasible opportunity after the USDS and sUSDS tokens launch on September 18. The SPK rewards program will commence in the block when the market is listed on Aave V3's main market.
