Sky的USDH马stable：

天空协议进入USDH Stablecoin竞赛，提出了对高产和大量生态系统发展资金的超流动性的引人入胜的报价，挑战了现有的建议。

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的比赛正在加热，而Sky Protoct则正式将其帽子扔进了戒指。通过大胆的提议有希望的多汁产量和巨大的投资，天空会破坏现有的领跑者吗？让我们潜水。

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.

天空不仅倾斜脚趾。首先是潜水。他们的提议在超流利方面拥有4.85％的USDH持有人的收益率，并得到了已经支持其他Stablecoins数十亿美元的强大基础设施的支持。另外，他们承诺要2500万美元用于超流动生态系统的开发。这是一项旨在促进增长和采用的认真承诺。

Why the Fuss About USDH?

为什么大惊小怪？

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.

杂种是一件大事。最近的报道显示，他们在偏见的永久市场中占主导地位，与一支精益精彩的团队赚取了严重的收入。像USDH这样的本地Stablecoin可能会改变游戏规则，进一步巩固其位置并吸引更多用户。这解释了为什么这么多玩家争夺发行它的机会。

The Competition is Fierce

比赛很激烈

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.

天空不是唯一的竞争者。与Stripe's Bridge保持一致的本地市场最初看起来像是领跑者，但面临潜在的利益冲突。 Agora，Moonpay，Paxos和Frax协议也包括在内，每个协议都有自己独特的卖点。验证者将有一个艰难的选择。

Sky's Strengths: Infrastructure and Yield

天空的优势：基础设施和产量

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的提议取决于其现有的，经过战斗测试的基础设施。他们强调了他们的七年纪录，以管理数十亿美元的USD和DAI，而没有任何Stablecoin持有人损失。这项既定的安全性为基础提供了坚实的基础。 4.85％的收益率也是一个主要的吸引力，通过多元化的抵押管理超出了当前的国库券利率。

The Future of USDH and Hyperliquid

USDH和超流动的未来

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.

无论谁赢得了USDH的出价，Sky都表明了其对超流液生态系统的承诺。这种合作可以推动Defi领域的边界。稳定，高效和包容性治理基础设施的需求变得至关重要。

Final Thoughts

最后的想法

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是对Defi的未来的迷人瞥见。桌上有许多创新的建议，真正的赢家将成为超级流动的社区。伙计们，搭扣，因为这将是一个有趣的旅程！