Sky Innovation: will invest more effort next year to achieve the comprehensive migration of MKR to SKY

2024-12-19 02:38:58

According to Cointelegraph, Rune Christensen, co-founder of Sky, announced in the year-end update that more efforts will be made to fully migrate MKR to SKY by 2025, partially to help eliminate confusion between MKR and SKY Token.

Christensen said this would not leave MKR Token holders in a position of financial loss, “on the contrary, the new proposal to be put forward will migrate as a requirement to obtain availability from the token”.

Christensen said he will share updates and more details about the migration and conversion of MKR to SKY at some point in 2025. He added, “Our goal is to ensure that CoinGecko and exchanges only support SKY, while MKR is just a traditional wrapper, with each MKR representing 24000 SKY.”

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