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Upgrade your MKR to SKY. Do more in DeFi. Use your favorite frontend: · Sky App · @DeFiSaver · @CoWSwap · @summerfinance_ Don’t wait.
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Start saving. Start earning. The Sky Campaign is now live on @layer3xyz. Complete activations. Earn rewards in USDS. It’s your entry point into the Sky Ecosystem.
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SKY is now the sole governance token of the Sky Protocol. Upgrade your MKR to SKY to maintain participation in governance, access to rewards on SKY tokens, and take part in the evolution powering the next phase of DeFi.
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DeFi just started.
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A new Executive Vote is live. If approved, the Phase One of the MKR to SKY upgrade will be executed, enabling the following actions: • Define the governance token upgrade process from MKR to SKY. • Disable SKY-to-MKR conversion. • Launch a new MKR-to-SKY converter contract at a fixed 1:24,000 rate with an adjustable penalty. • Enable SKY as the governance token of the Sky Ecosystem. • Launch SKY staking with new collateral parameters. Alongside other additional changes required to complete the upgrade from MKR to SKY. This executive proposal includes an office-hours modifier that means that it can only be executed between 14:00 and 21:00 UTC, Monday - Friday.
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