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Sky founder: plans to propose additional proposal to change the core token (MKR or SKY) to strict deflation

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According to Foresight News, Sky (formerly MakerDAO) founder Rune Christensen has announced plans to propose an additional proposal to change the core token (whether the outcome is MKR or SKY) to strictly deflationary token economics. Under normal circumstances, tokens will no longer be issued, and as the destruction engine permanently removes tokens from circulation, the total supply will only decrease over time. The only exception is the shortage of collateral, which can lead to bankruptcy risks for USDS and DAI. This is the original MKR token economics. Meanwhile, in addition to strict deflationary buying and token destruction economics, core tokens (MKR or SKY) can still receive star token rewards through activation, such as Spark SPK. It further stated that if the voting result is to retain the Sky brand, the proposal will fully promote the transition of the entire ecosystem from MKR to SKY, and MKR will be renamed as Wrapped 24k Sky Token (SKY24K); If the vote to reposition the Maker brand wins, Sky will transform into a Maker Star similar to Spark. The current SKY token will be changed to OLD_SKY and permanently exchanged back to MKR at a fixed 1:24000 ratio. This additional proposal will follow up on brand decisions and be voted on next week (November 11-14), with more details of the proposal to be announced later this week.

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