最新报道:Sky, formerly MakerDAO, has proposed backing Hyperliquid’s USDH stablecoin using its $8B balance sheet, B- S&P rating, and 7-year operational history. The plan offers 4.85% returns via $2.2B in redemption liquidity, targeting institutional traders with minimal slippage. Sky also plans a $25M investment in Hyperliquid Genesis Star and migration of its $250M annual buyback engine. Competing proposals from Paxos, Frax, Agora, and Native Markets vary in yield models and revenue allocation. Validators vote on September 14.