SKY: The new round of execution voting has passed, and changes such as increasing the daily SKY buyback limit to 300,000 USDS will be implemented on November 3.
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Jinse Finance reported that SKY posted on the X platform stating that a new round of execution voting has passed, and the following changes will be executable starting from 14:37 (UTC) on November 3, 2025. Replace "SKY→USDS staking rewards" with "SKY→SKY staking rewards". Stakers will need to manually transfer their holdings to the new rewards system. Increase the daily SKY buyback quota to 300,000 USDS. Transfer 500 million SKY to the protocol treasury to provide funding support for staking rewards.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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