USDS is Sky Ecosystem's upgraded stablecoin, designed to improve stability and engagement through an on-chain rewards system. It can be effortlessly converted from DAI or USDC at a 1:1 ratio via systems like Sky.money, allowing for an optional transition. USDS holders have the advantage of immediate access to yearly SKY Token Rewards, without the need to interface with unknown, external protocols.
You can view, swap, send and receive USDS tokens directly from your MEW Wallet. To receive your USDS tokens you can send them to your public wallet address. You can then view them in your MEW Wallet by selecting your wallet and selecting the token from the tokens list. You should see the USDS token information page. You can send your USDS tokens in your MEW Wallet by clicking the ‘Send’ button and entering the recipient’s wallet address. To swap your USDS tokens, you can click the ‘Swap’ button and choose which tokens you want to swap to. However, if the ‘Swap’ button is not active you will need to use a DEX to swap your tokens.