If you're an MKR holder, upgrading to $SKY not only avoids the Delayed Upgrade Penalty but also grants you a voice in SKY governance and the potential to access rewards across its ecosystem.
To date, @SkyEcosystem is already hitting major milestones:
➢ Millions already distributed on $USDS and $SPK
➢ 63% of all MKR holders have upgraded
➢ 6,000+ SKY holders
The vote for the Delayed Upgrade confirmation begins on September 18, 2025.
If approved, the penalty takes effect on September 22.
From that date, MKR to SKY upgrades will receive 1% less SKY, with the penalty increasing by 1% every three months, reaching a maximum of 100% over 25 years.
It's time to move from MKR to SKY and unlock full SKY Ecosystem opportunities.
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