Sky的USDH馬stable：

天空協議進入USDH Stablecoin競賽，提出了對高產和大量生態系統發展資金的超流動性的引人入勝的報價，挑戰了現有的建議。

The race for Hyperliquid's USDH stablecoin is heating up, and Sky Protocol has officially thrown its hat into the ring. With a bold proposal promising juicy yields and significant investment, can Sky disrupt the existing frontrunners? Let's dive in.

Hyperliquid的USDH Stablecoin的比賽正在加熱，而Sky Protoct則正式將其帽子扔進了戒指。通過大膽的提議有希望的多汁產量和巨大的投資，天空會破壞現有的領跑者嗎？讓我們潛水。

Sky's Ambitious USDH Proposal

Sky的雄心勃勃的USDH提案

Sky isn't just dipping its toes; it's diving headfirst. Their proposal boasts a 4.85% yield for USDH holders on Hyperliquid, backed by a robust infrastructure already supporting billions in other stablecoins. Plus, they're pledging $25 million towards Hyperliquid ecosystem development. This is a serious commitment aimed at fostering growth and adoption.

天空不僅傾斜腳趾。首先是潛水。他們的提議在超流利方面擁有4.85％的USDH持有人的收益率，並得到了已經支持其他Stablecoins數十億美元的強大基礎設施的支持。另外，他們承諾要2500萬美元用於超流動生態系統的開發。這是一項旨在促進增長和採用的認真承諾。

Why the Fuss About USDH?

為什麼大驚小怪？

Hyperliquid is a big deal. Recent reports show they're dominating the DeFi perpetuals market, raking in serious revenue with a surprisingly lean team. A native stablecoin like USDH could be a game-changer, further solidifying their position and attracting even more users. This explains why so many players are vying for the chance to issue it.

雜種是一件大事。最近的報導顯示，他們在偏見的永久市場中占主導地位，與一支精益精彩的團隊賺取了嚴重的收入。像USDH這樣的本地Stablecoin可能會改變遊戲規則，進一步鞏固其位置並吸引更多用戶。這解釋了為什麼這麼多玩家爭奪發行它的機會。

The Competition is Fierce

比賽很激烈

Sky isn't the only contender. Native Markets, aligned with Stripe's Bridge, initially seemed like the frontrunner, but faces pushback over potential conflicts of interest. Agora, MoonPay, Paxos, and Frax Protocol are also in the mix, each with their own unique selling points. The validators will have a tough choice.

天空不是唯一的競爭者。與Stripe's Bridge保持一致的本地市場最初看起來像是領跑者，但面臨潛在的利益衝突。 Agora，Moonpay，Paxos和Frax協議也包括在內，每個協議都有自己獨特的賣點。驗證者將有一個艱難的選擇。

Sky's Strengths: Infrastructure and Yield

天空的優勢：基礎設施和產量

Sky's proposal hinges on its existing, battle-tested infrastructure. They highlight their seven-year track record managing billions in USDS and DAI without any stablecoin holder losses. This established security provides a strong foundation. The 4.85% yield is also a major draw, exceeding current Treasury bill rates through diversified collateral management.

Sky的提議取決於其現有的，經過戰鬥測試的基礎設施。他們強調了他們的七年紀錄，以管理數十億美元的USD和DAI，而沒有任何Stablecoin持有人損失。這項既定的安全性為基礎提供了堅實的基礎。 4.85％的收益率也是一個主要的吸引力，通過多元化的抵押管理超出了當前的國庫券利率。

The Future of USDH and Hyperliquid

USDH和超流動的未來

Regardless of who wins the USDH bid, Sky has signaled its commitment to the Hyperliquid ecosystem. This collaboration could push the boundaries in the DeFi space. The need for stable, efficient, and inclusive governance infrastructure for stablecoins is becoming critical.

無論誰贏得了USDH的出價，Sky都表明了其對超流液生態系統的承諾。這種合作可以推動Defi領域的邊界。穩定，高效和包容性治理基礎設施的需求變得至關重要。

Final Thoughts

最後的想法

The USDH stablecoin saga is a fascinating glimpse into the future of DeFi. With so many innovative proposals on the table, the real winner will be the Hyperliquid community. Buckle up, folks, because this is going to be an interesting ride!

USDH Stablecoin Saga是對Defi的未來的迷人瞥見。桌上有許多創新的建議，真正的贏家將成為超級流動的社區。伙計們，搭扣，因為這將是一個有趣的旅程！