Sky to Raise Delayed MKR-To-SKY Upgrade Penalty to 4% on June 4
Sky reminded MKR holders that the delayed upgrade penalty will increase to 4% starting June 4. According to the post, users who wait longer to upgrade from MKR to SKY will receive less SKY per MKR.
Event date: June 4, 2026 UTC
What is a coin swap (token swap)?
A coin swap is a process of cryptocurrency migration from one blockchain to another. It may be due to a hard fork (coin swap) or a mainnet launch (token swap). Holders need to follow swap guides in order not to lose their cryptocurrency.
Sky
@MakerDAO
@MakerDAO
A reminder for anyone still holding MKR.
starting june 4, the Delayed Upgrade Penalty increases to 4%, meaning the longer you wait to upgrade from MKR to SKY, the less SKY you receive per MKR.
Upgrade at https://sky.money/ ↓
starting june 4, the Delayed Upgrade Penalty increases to 4%, meaning the longer you wait to upgrade from MKR to SKY, the less SKY you receive per MKR.
Upgrade at https://sky.money/ ↓
MKR Price Changes After Event Publication
1.43%
1 day
2.87%
2 days
23.38%
Now (Added 23 days ago)
The event is about to begin
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Jun 2 13:09 (UTC)
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