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Eli5DeFi
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How can you earn fees without cracking the @stayloudio Top 25 leaderboard?
Simple: Master the art of smart LPing. :)
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The upgrade from the $MKR token to the $SKY token marks a major step forward for Sky Protocol governance, infrastructure, and ecosystem. Here’s what you need to know: → This upgrade process is voluntary and non-custodial for MKR holders. → MKR holders retain full control and can choose when to initiate the upgrade via a smart contract. → If they choose to upgrade, they will receive SKY tokens at a fixed rate of 1 MKR to 24,000 SKY. → Upgrading early helps avoid the Delayed Upgrade Penalty. Starting September 18, a 1% penalty applies to all MKR to SKY upgrades. This penalty increases by 1% every three months, up to a maximum of 100% over 25 years. This mechanism is designed to encourage timely participation in the upgrade. → MKR tokens no longer carry governance rights, as full governance authority has now been transferred to SKY. This change is intended to eliminate overlap between tokens and streamline participation in governance. → MKR holders can upgrade using any of the following platforms: - @SkyEcosystem (Link provided after this post) - @summerfinance - @defisaver - @CoWSwap This is a gradual transition shaped by open governance, with community input through public discussions and on-chain voting. Ultimately, the upgrade aims to unify liquidity, simplify governance, and improve integration and infrastructure across the Sky ecosystem.
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CT is filled with noise, and many projects focused on genuine building don't receive the attention they deserve. F- mindshare. I already had enough. It's time to change that. I am now introducing a Highlights Form for any projects wishing to be featured in our weekly highlights. Participation is free and open to all projects. We will review each project using a combination of manual assessment and powered by @arbusai scoring system. Fill it out here ⤵️
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Happy Friday, everyone, Apologies for the late response. I'm currently on a business trip and will be taking a few days off for a family vacation. Given the current market volatility, coupled with the Elon versus Trump situation, it might be wise to stay vigilant and keep your dry powder ready for buying fundamentally good project, especially in projects you believe could be major runner. I've noticed that several projects I'm interested in are approaching the buying zone. The key is patience and adaptability. Also, ensure you have varied timeframes for your investments or trades, along with disciplined take-profit and stop-loss strategies.
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Turns out attention is not all that you need. To be success, every single token in crypto needs robust product that really solve the problems. And this is why @gvnrdao with its upcoming $GVNR Public Sale on @joinrepublic should be in your watchlist. Let's dive in 🧵
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To claim the trenches champion title, you need the ultimate tool. Among countless options, The Thing by @privateAIcom stands out for fans of fast-paced signals, thanks to its real-time discovery engine. Let's dive in! 🧵
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