The SKY staking module is online, and a large amount of MKR has converted, reaching a new high for SKY.

GateNewsBot

According to Gate News bot, data from parsec shows that the SKY stake module has officially launched, offering a reward yield of 17.29% in USDS. Data records indicate a large-scale on-chain conversion of MKR to SKY, with the largest single conversion record reaching 400,253,742 SKY, valued at approximately 29.6 million USD.

As the governance token of the Sky ecosystem, SKY is an upgraded version of MKR, with a conversion ratio of 1:24,000.

Source: Wu Says

Original link

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
♥CoinsALot♥vip
· 2025-06-03 17:33
Hurry up and enter a position! 🚗
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)