Protocol Token Routes
A bi-directional arrow (↔) indicates that tokens can move in both directions. A single directional arrow (→) signifies one-way routes.
Each route in this section corresponds to a specific network deployment, denoted by the ’@’ symbol.
USDS ↔ USDC
Section titled “USDS ↔ USDC”Routes:
DAI ↔ USDS
Section titled “DAI ↔ USDS”USDS is linked to the same issuance source as DAI, ensuring that USDS maintains parity with DAI. The converter contract allows holders of DAI or USDS to convert between these ERC20 tokens at any time, with no liquidity restrictions.
Routes:
DAI ↔ USDC
Section titled “DAI ↔ USDC”DAI to USDC conversions are currently supported by the LitePSM. LitePSM is a newly deployed codebase with a backward-compatible smart contract interface, designed to replace the widely used PSM and reduce gas costs for end-users. For more information about LitePSM, please refer to this user guide.
Routes:
MKR ↔ SKY
Section titled “MKR ↔ SKY”The conversion rate between MKR and SKY is fixed at 1:24,000.
Routes:
USDS ↔ sUSDS
Section titled “USDS ↔ sUSDS”Savings USDS (sUSDS) offers yield to USDS holders through an ERC-4626 vault compatible interface. Please note that sUSDS and sDAI are not exchangeable on a 1:1 basis, as they have different face values, and have accumulated varying amounts of yield since their respective launches.
Routes:
Released into the public domain (CC0 1.0 Universal)
– trademarks remain with their owners; no warranty. See full license.