Sky launches proposal voting on delayed escalation fines, with rates increasing quarterly
Source: ForesightNews
Time: 2025-09-19 20:05:55
Sky (formerly MakerDAO) launched a governance vote to set a 1% “delayed upgrade fine” for the MKR to SKY conversion, a strategy designed to drive investors to accept new tokens and regulate ecosystem operations after the rebranding last August. If approved, the fee will begin on September 22, adding one percentage point every three months, but upgrades before the deadline are exempt. A previous proposal handed over voting rights to SKY and set the final steps for MKR to exit governance.