Sky Governance Proposal Seeks To Double USDC PSM Buffer To $800 Million
Sky governance is considering doubling key limits for the LITE-PSM-USDC-A Peg Stability Module to better handle large USDC/DAI flows. BA Labs proposed raising both the pre-minted DAI buffer and the DC-IAM gap from 400 million to 800 million. The module is described as the main USDC-DAI trading venue in the system, and USDC reserves are now 4.13 billion, up 108% since the last recalibration on October 7, 2024. If approved, the change would increase daily refresh capacity to 1.6 billion and serving capacity to 2.4 billion. The proposal cites several large historical flow days, including a 1.75 billion DAI drain on May 18, 2026, to justify the expansion. The Core Facilitator team has approved the change for inclusion in an Executive Vote on June 12, but it is not yet active policy.
