Sky proposed to reduce the token buyback ratio to strengthen the capital base of the protocol
Sky Protocol announced on platform X that it has proposed to temporarily reduce the programmatic SKY buyback ratio based on net profit from 75% to approximately 7.5% over the next 3 months. This is intended to strengthen the protocol's capital base and the backing capacity of USDS. Voting will be open until March 12 at 16:00 (UTC).
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