Rewards Hub Sky has announced a proposal to increase the penalty for delayed upgrades from MKR to SKY from 1% to 2%. Voting on this proposal is currently open. If approved, the new penalty rate will take effect on December 15, 2025, impacting all MKR to SKY upgrades processed after this date.
Sky Proposes 2% Penalty for Delayed MKR to SKY Upgrades
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