Odaily Planet Daily News Sky co-founder Rune Christensen stated that more efforts will be made in 2025 to fully migrate MKR to SKY, partly to help eliminate the confusion surrounding MKR and SKY. Christensen noted that this will not put MKR holders' funds at risk, as 'the upcoming new proposal will make migration a requirement to gain usability from the token.' He mentioned that updates and more details regarding the migration and conversion of MKR to SKY will be announced sometime in 2025. 'Our goal is to ensure that both CoinGecko and exchanges only support SKY, while MKR will just be a traditional wrapper representing each MKR=24,000 SKY,' he added. Sky also plans to launch more subDAOs, or Stars, in 2025. Christensen stated that changes in SKY's tokenomics (making it deflationary) open the door for a new Star strategy, under which more subDAOs can be launched and have operational freedom. As part of the new model, subDAOs will be launched alongside a foundation that controls an employee bonus pool and makes quick decisions.
See original
Sky will focus on fully migrating MKR to SKY next year and launching more subDAOs
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
MKR
1,711
-2.61%
Replies 0
