ChainCatcher Message, Sky co-founder Rune Christensen announced plans to fully migrate MKR to SKY by 2025 to reduce confusion. This move will not affect the fund security of MKR holders, and the new proposal calls for migration to enhance token usability. CoinGecko and exchanges will only support SKY, while MKR will serve as a traditional wrapper, with each MKR representing 24,000 SKY.
Additionally, Sky plans to launch more subDAOs in 2025, called Stars. By changing the SKY token economics to be deflationary, Sky paves the way for the new Star strategy, providing more flexibility for subDAOs.🚀