sUSDS/USDT 25x

• Token Symbol: sUSDS-USDT-25x

• Token Name: sUSDS / USDT 25x Leverage Token

• Collateral: Sky’s sUSDS

• Borrowed Asset: USDT

• Borrow Market: Morpho sUSDS/USDT market LLTV: 96.5%

• Oracle: (DAI/USD) * (sUSDS/(DAI = USDS)) / (USDT/USD) ⇒ sUSDS / USDT

  • DAI/USD Chainlink feed. 0.25% price deviation. 1 hour heartbeat - https://data.chain.link/feeds/ethereum/mainnet/dai-usd - https://etherscan.io/address/0xAed0c38402a5d19df6E4c03F4E2DceD6e29c1ee9

  • sUSDS ERC4626 vault contract - https://etherscan.io/address/0xa3931d71877C0E7a3148CB7Eb4463524FEc27fbD

  • USDT/USD Chainlink feed. 0.25% price deviation. 24 hour heartbeat - https://data.chain.link/feeds/ethereum/mainnet/usdt-usd - https://etherscan.io/address/0x3E7d1eAB13ad0104d2750B8863b489D65364e32D

• Target Leverage (Target Collateral Ratio): 25x (1.041666667)

• Min Leverage (Max Collateral Ratio): 24.98x (1.041701418)

• Max Leverage (Min Collateral Ratio): 26x (1.04)

• Mint Token Fee: 0%

• Redeem Token Fee: 0%

• Dutch Auction Duration: 6 hours

• Dutch Auction Initial Price Multiplier: 1.006

• Dutch Auction Min Price Multiplier: 0.994

• Pre-liquidation Collateral Ratio: 1.038461538 (27x leverage)

• Pre-liquidation Rebalance Reward: 0.53 (50% of Morpho penalty)

• Strategy: Auto-looped exposure to sUSDS for max rewards

• Use Case: For users seeking boosted yield without manual management