PANews reported on November 3 that the Sky community governance vote has passed and will be implemented at 22:37 Beijing time on November 3: the original SKY→USDS staking reward mechanism will be changed to SKY→SKY rewards, and users will need to manually migrate their positions; the daily SKY buyback limit will be increased to 300,000 USDS; and an additional 500 million SKY will be transferred to the protocol vault for staking reward distribution.PANews reported on November 3 that the Sky community governance vote has passed and will be implemented at 22:37 Beijing time on November 3: the original SKY→USDS staking reward mechanism will be changed to SKY→SKY rewards, and users will need to manually migrate their positions; the daily SKY buyback limit will be increased to 300,000 USDS; and an additional 500 million SKY will be transferred to the protocol vault for staking reward distribution.
The Sky community's proposal to adjust the staking reward mechanism will be implemented tonight.
PANews reported on November 3 that the Sky community governance vote has passed and will be implemented at 22:37 Beijing time on November 3: the original SKY→USDS staking reward mechanism will be changed to SKY→SKY rewards, and users will need to manually migrate their positions; the daily SKY buyback limit will be increased to 300,000 USDS; and an additional 500 million SKY will be transferred to the protocol vault for staking reward distribution.
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