The MKR to SKY upgrade, a key step in Sky Protocol’s governance evolution, is progressing steadily. As of now, 53% of MKR has been upgraded to SKY, with The Sky Ecosystem Dashboard shows strong adoption: • 57% of MKR supply upgraded to SKY already. • 2K+ SKY stakers with 10B+ SKY staked (43% of supply) • $20M+ worth of tokens distributed as rewards to SKY stakers This reflects the Sky Ecosystem’s growing momentum. MKR holders should note that a 1% penalty on $MKR to $SKY upgrades The vote is on Sept 18, if approved will start on Sept 22, increasing by 1% every 3 months, up to 100% over 25 years. Act now to avoid these escalating costs before it's too late. Upgrading from $MKR to $SKY immediately unlocks benefits like: ◆ Staking SKY for immediate rewards ◆ Active governance participation ◆ Access to expanding features such as USDS, positioning you at the forefront of Sky's rapidly accelerating ecosystem The governance will vote on September 18 to confirm the Delayed Upgrade Penalty. If approved, it starts September 22, reducing MKR → SKY upgrades by 1%, increasing 1% every 3 months (up to 100% in 25 years). No penalty applies before September 22.