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The Sky protocol has reduced staking rewards and expanded USDS credit infrastructure through governance proposals, while also implementing a token buyback plan. The price of SKY tokens has risen by nearly 10%. The new proposal reduces SKY staking rewards to approximately 838 million tokens, with a cycle of 180 days. The buyback plan has already used about 114.5 million USDS to repurchase around 1.83 billion SKY tokens. Currently, about 67% of SKY tokens have been staked. The newly introduced "Launch Agents" aim to promote the development of the USDS credit market, reflecting the DeFi sector's trend toward reducing emissions and supporting token buybacks through revenue to minimize dilution.

Golden Ten Data reported on March 5 that this week, the volatility of emerging market currencies surpassed that of developed market counterparts for the first time since last May. The JPMorgan Emerging Market Volatility Index rose above the G7 currency volatility indicator on Tuesday, after the former had stayed below the latter for 209 consecutive days—the longest streak since records began in 2000. Mingze Wu, a forex trader at Singapore's StoneX Financial Pte, said: "Emerging market FX volatility has been affected by the escalation in the Middle East and sharp fluctuations in Asian stock markets. Once the situation in the Middle East cools down, volatility should subside." Almost all emerging market currencies fell against the US dollar this week, though this may not change the broader backdrop: strong commodity prices and robust capital inflows continue to support demand for emerging market assets and make carry trades attractive, while the US dollar overall is in a weakening trend. Wee Khoon Chong, a strategist at BNY Mellon, said: "Oil prices are a key driver behind the weakness in emerging market currencies and the recent rise in volatility. If the Middle East situation eases, demand for carry trades in high-yielding emerging market currencies may rebound, thereby driving FX volatility lower."

Foresight News reported that Erik Voorhees, founder of the Base chain AI project Venice, tweeted, "Currently, the Venice platform adopts a private design; prompts and responses are not stored on Venice servers and are not retained, so they cannot be viewed or extracted. Venice users are not primarily from the crypto sector, and for them, these measures are sufficient (according to user growth data). However, proving privacy protection is crucial, and this is exactly the issue we urgently need to address. Since the company's founding, this has always been a key focus in our planning. Verifiable privacy protection will be realized very soon."