Sky Link: Will provide encryption derivation expansion opportunities for USDH, offering higher return rates for holders.

On September 9, Rune, co-founder of Sky, stated at the "USDH Stablecoin Roundtable" hosted by Hyperliqud that Sky has gone through multiple development stages and has achieved self-decoupling. Projects built on Sky compete and collaborate with each other to deploy collateral asset portfolios in the best way, providing better returns for stablecoin holders, while also bringing higher profits to the Hyperliqud ecosystem. The early grand dreams and visions of Web3 are to break away from centralized trading platforms and truly achieve Decentralization, and this moment is about to arrive. As Hyperliquid promotes the power of decentralized stablecoins, we hope to participate. Sky will provide scale network effects and technical support, leading to exponential growth in returns. Sky and Hyperliquid are among the few truly successful decentralized projects, and it would be exciting to collaborate due to USDH. The core business of Sky is credit-enhanced lending. Sky has the opportunity to deploy Hyperliqud's ecosystem assets into derivation, Spot leverage, or other scalable opportunities. BlockBeats previously reported that last Friday, Hyperliquid announced the launch of a "Hyperliquid-prioritized, Hyperliquid-compliant, and compliant US Dollar stablecoin," and reserved the USDH token code for this purpose. Subsequently, several stablecoin issuers, including Paxos, Frax Finance, Ethena Labs, and Agora, have quickly entered the competition for the issuance rights of USDH stablecoin.

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