Sky has officially announced the results of the execution vote with significant changes to be implemented from 10:00 PM on June 30, 2025. This is a major step for the Sky ecosystem, providing many benefits for SKY Staking participants. Users can activate SPK mining, including USDS providers, while proceeding with phase three in the upgrade from MKR to SKY. This change promises to enhance liquidity and optimize the operational performance of the network, contributing to increasing value for the Sky cryptocurrency community. An official announcement will be released as soon as the implementation is complete, marking a new chapter for this promising project.
New execution vote decision from Sky
On June 30, 2025, Sky announced the results of the execution vote to update and upgrade the ecosystem. This decision was officially approved and will begin to be applied from 10:00 PM on the same day, bringing many new features for the Sky cryptocurrency user community.
The implementation of changes will help the system operate more efficiently, while facilitating SKY Staking investors and USDS providers.
Activate SPK mining for SKY Stakers
One of the highlights of this update is allowing SKY Holders to conduct SPK mining. This feature expands the opportunity to earn additional rewards for users participating in Staking, while also contributing to increasing liquidity for the Sky network.
SPK mining also increases attractiveness for investors as they can leverage existing assets to increase profits without needing to withdraw from wallets or sell on the market.
SPK mining for USDS providers
In addition to SKY Stakers, USDS providers are also supported to activate the SPK mining feature. This is an important development step to promote the use of USDS and increase liquidity in the Sky ecosystem.
This feature allows USDS providers to earn additional rewards from participating in the network, contributing to retaining and attracting new users to the ecosystem.
Phase three upgrade from MKR to SKY
In addition to new mining features, Sky is also proceeding with phase three in the upgrade process from MKR to SKY. This process aims to complete the migration of important functions and optimize the operational capability of the system.
This upgrade enhances stability, security, and expands future features, increasing the overall value for SKY Holders.
The significance and impact of changes on the Sky cryptocurrency community
The implementation of these updates and upgrades reflects the commitment of the Sky development team towards a sustainable and increasingly perfect ecosystem. This event marks the maturity of the project while expanding investment opportunities for users.
Along with the integration of SPK mining and functional upgrades, Sky expects to create an optimal, friendly, and safe trading and Staking environment, helping to attract more cryptocurrency investors to join the community.
Source: https://tintucbitcoin.com/sky-community-cho-phep-khai-thac-spk/
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