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Sky has proposed reducing the token buyback rate to strengthen the protocol’s capital base
Svmuu News: Sky Protocol announced on X that it has submitted a proposal to temporarily reduce the net profit-based programmatic SKY buyback ratio from 75% to approximately 7.5% over the next three months, with the aim of strengthening the protocol’s capital base and USDS’s backing capacity. Voting will remain open until March 12 at 16:00 (UTC).
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