4 days left before the upgrade penalty starts!
SKY staking is live and the rewards are already flowing in.
If you upgrade your MKR to SKY now, you start earning immediately through staking rewards and USDS plus SPK rewards.
MKR is fast becoming legacy, while SKY is where the real benefits start.
Aside staking rewards, you get governance rights in the this new phase.
So far, over 82.23% of MKR has already been upgraded, with 9.9B+ SKY staked and stakers earning 22M+ USDS and 99.5M+ SPK to date.
Momentum is building fast so don't miss out.
Governance will vote to confirm the delayed upgrade penalty.
Voting starts today and penalty goes live in 4 days.
MKR to SKY upgrades will receive 1% less SKY, with the penalty rising by 1% every 3 months after that.
17.73K
85
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.