Sky Governance Proposal Seeks To Double USDC PSM Buffer To $800 Million
TL;DRBA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million.The proposal says USDC reserves stand at 4.13 billion, up 108% since the last recalibration in October 2024.The change would raise daily refresh capacity to 1.6 billion and total serving capacity to 2.4 billion, according to the forum post.The update has been approved by the Core Facilitator team for an upcoming Executive Vote, but it still needs formal approval before g
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