विकेंद्रीकृत Finance (DEFI) lending platform Sky has suggested finalizing his upgrade from the maker by replacing his governance token and activating stacking.
The Sky (Sky) token will be handled as the Protocol’s rule token by the Sky (Sky) token, published on the Sky’s Sky -Autonomous Organization (DAO) Forum on May 1st.
If the DAO accepts, this change will be around from May 15 to May 19 and the reduction of MKR from the sky will also be inactive.
Sky co -founder Ron Cristinson responded to the proposal that it was a “huge milestone”, which he “fully supports”, and regrets that consumers are allowed to return from Sky to MKR, it is a significant limited factor that prevents the sky from adopting. “
“With this change, the exchange is likely to move forward fast, without worrying about fracturing liquidity,” he said.
MKR holders have also suggested fines that are slow to switch to the sky.
According to this proposal, a 1 % delayed upgrade fine will apply to all MCRs on a sky upgrade starting on September 18, which will increase every three months. Consumers from delayed upgrade fines will also get low sky tokens.
Sky stacking, temporary pause on the liquidation
Christians said that the most important change would be to activate Sky stacking as part of the changes in the protocol.
According to Crustinson, its विकेंद्रीकृत Stubclue, USD, which is based on Sky Protocol’s income, will be able to be rewards, with a distribution rate of 50 %, two or three weeks after upgrading the governance contract.
He said, “MKR is one of the last pieces to pass through a complete upgrade to the Sky, before the Sky can be transferred to 0 fixed expenses at the end of 2025, which will ensure that another part of the protocol generating is more than a heavenly purchase, or in the Sky Stacking Requirement.
Sky liquidations will also be temporarily disabled, while the unilateral MKR of Sky transfer is still in the early stages.
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“It is necessary to prevent the risk from manipulation of the sky and MKR, while the transfer is taking place,” said Crustinson.
He added, “When the Sky Market’s liquidity is restored, Sky will freeze the governance and transmit danger parameters to long -term goals.”
The maker named Sky in August last year, but after confusion and negative opinions, Christinson considered returning to the name of the original maker just months later.
However, in a November survey, 79 % token holders voted to keep the Sky brand as a back and protocol brand, which has not changed further.
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