PANews reported on November 27 that Sky Protocol announced that the USDS stablecoin reward program was officially launched on the Raydium protocol. Users can earn 210,000 USDS and 3,000 RAY rewards per week by providing liquidity to the USDS/USDC pool and Kamino Finance vault.

The specific reward distribution is as follows:

• USDS/USDC 0.01% pool : 5,000 USDS and 500 RAY per week;

• USDS/USDC 0.01% Kamino Vault : 200,000 USDS and 2,000 RAY per week;

• USDS/jitoSOL 0.25% Kamino Vault : 5000 USDS and 500 RAY per week.