# Announcing the sky.money USDT Savings Vault & USDS Flagship Vault **URL:** \ **Category:** Sky money\ **Created:** [March 3, 2026, 3:56pm UTC](https://forum.morpho.org/t/announcing-the-sky-money-usdt-savings-vault-usds-flagship-vault/2199 "2026-03-03T15:56:10Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![skymoney](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/skymoney/32/808_2.png) [@skymoney](https://forum.morpho.org/u/skymoney)\ **Post date:** [March 3, 2026, 3:56pm UTC](https://forum.morpho.org/t/announcing-the-sky-money-usdt-savings-vault-usds-flagship-vault/2199/1 "2026-03-03T15:56:10Z")
# Announcing the [sky.money](http://sky.money) USDT Savings Vault & USDS Flagship Vault We’re excited to announce the launch of the **[sky.money](http://sky.money) USDT Savings Vault**, expanding [sky.money](http://sky.money)’s curator presence on Morpho with a new vault designed to attract deep USDT liquidity and enable efficient USDS/USDT lending. We are also announcing the **USDS Flagship Vault** , a new vault offering USDS depositors a risk/reward profile above vanilla sUSDS — combining the Sky Savings Rate yield with targeted exposure to blue-chip lending markets. * * * ### [sky.money](http://sky.money) USDT Savings Vault _This vault accepts USDT deposits and deploys them into the existing sUSDS / USDT Morpho market — a deep, battle-tested market with over $133M in liquidity._ _Rather than launching a new market, the USDT Savings Vault plugs directly into an established sUSDS/USDT market (LLTV: 96.5%), providing immediate access to existing liquidity and utilization. This approach allows depositors to earn yield from day one while preserving conservative operational risk management._ _Vault yield is driven by market utilization and borrowing demand, with additional USDS rewards distributed to depositors during the launch phase via Merkl._ _ **sUSDS / USDT Market** _ _The sUSDS / USDT market allows users to:_ - Deposit **[sUSDS](https://sky.money/features#savings)** as collateral - Borrow **USDT** against it at an LLTV of 96.5% - Enable looping strategies that increase demand for sUSDS and deepen USDT liquidity _The market uses Morpho’s adaptive interest rate model and already benefits from established liquidity at launch._ * * * ### **Rewards & Incentives** At launch, Sky is providing **USDT incentives** via Merkl to bootstrap liquidity and reward early depositors. Incentives are continuously distributed, with amounts set on a weekly basis: - **Week 1:** 50,000 USDT - **Week 2:** 50,000 USDT - **Week 3:** 25,000 USDT - **Week 4:** 25,000 USDT * * * ### [sky.money](http://sky.money) USDS Flagship Vault _This vault accepts USDS deposits and applies a structured allocation strategy: 80% of deposits earn the Sky Savings Rate (SSR), distributed via Merkl, while 20% is actively allocated across a curated set of Morpho lending markets._ _The vault is managed by an allocator bot under on-chain constraints — capping total market exposure at 20% of vault assets and limiting any single market to 5% — ensuring withdrawal liquidity is preserved at all times._ _Vault yield is driven by a combination of SSR rewards and market lending returns, with additional incentives distributed during the initial launch phase via Merkl._ _ **stUSDS / USDS Market** _ _The stUSDS / USDS market allows users to:_ - Deposit **[stUSDS](https://sky.money/features#expert)** as collateral - Borrow **USDS** against it under an LLTV of 86% - Benefit from a deep, existing market reused from the USDS Risk Capital deployment _ **wstETH / USDS Market** _ _The wstETH / USDS market allows users to:_ - Deposit **wstETH** as collateral - Borrow **USDS** against it under an LLTV of 86% - Access ETH-backed leverage while contributing to USDS lending depth _ **WETH / USDS Market** _ _The WETH / USDS market allows users to:_ - Deposit **WETH** as collateral - Borrow **USDS** against it under an LLTV of 86% - Participate in ETH-collateralized borrowing against USDS _ **cbBTC / USDS Market** _ _The cbBTC / USDS market allows users to:_ - Deposit **cbBTC** as collateral - Borrow **USDS** against it under an LLTV of 86% - Access Bitcoin-backed leverage within the Sky ecosystem _All markets use Morpho’s adaptive interest rate model and are seeded to ensure healthy utilization at launch._ * * * ### **Rewards & Incentives** At launch, Sky is providing **USDS incentives** via Merkl across the vault. 80% of deposits earn the SSR passively, while active market allocations generate additional lending yield. Incentives are continuously distributed, with amounts set on a weekly basis: - **Week 1:** 50,000 USDS - **Week 2:** 50,000 USDS - **Week 3:** 25,000 USDS - **Week 4:** 25,000 USDS ---
**Author:** ![NuWealth](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/nuwealth/32/834_2.png) [@NuWealth](https://forum.morpho.org/u/NuWealth)\ **Post date:** [March 9, 2026, 8:19am UTC](https://forum.morpho.org/t/announcing-the-sky-money-usdt-savings-vault-usds-flagship-vault/2199/2 "2026-03-09T08:19:22Z")
very interesting. I’m looking forward to sky money’s success ---
**Author:** ![pdiomede](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/pdiomede/32/821_2.png) [@pdiomede](https://forum.morpho.org/u/pdiomede)\ **Post date:** [March 9, 2026, 8:19am UTC](https://forum.morpho.org/t/announcing-the-sky-money-usdt-savings-vault-usds-flagship-vault/2199/3 "2026-03-09T08:19:40Z")
Hard to cope with all these new announcement from Morpho 🙂 But these vaults with Sky Money are next level … great job guys 🏆