Nobody's talking about MKR to SKY upgrade. I'll give you the alpha
The MKR to SKY upgrade is moving fast.
So far, 59.88% of all MKR has been upgraded, with over 10B SKY staked, that’s about 43% of the total supply.
Stakers have earned 16M+ USDS and 65M+ SPK along the way.
By upgrading you can start earning:
- SKY staking
- USDS + SPK rewards already flowing
- Thousands of holders already upgraded
- Stars governance rights
On Sept 18, governance will vote to confirm the delayed upgrade penalty.
If passed, starting Sept 22, MKR → SKY upgrades will receive 1% less SKY, with the penalty rising by 1% every 3 months after that.
No penalty applies to upgrades made before Sept 22 so don't wait.
Show original3.28K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.