A proposal has been submitted to Sky Ecosystem Governance to finalize the upgrade from MKR to SKY and enable SKY staking to access USDS rewards. Should the proposal pass, SKY will become the sole governance token of the Sky Protocol, inheriting the privileges previously held by MKR.

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Executive Proposals

MKR-to-SKY Upgrade Phase One, Adding Protego To the Chainlog, Spark Proxy Spell - May 15, 2025

Execute MKR-to-SKY Upgrade Phase One, adding Protego to the Chainlog, execute Spark Proxy Spell.

17,007

MKR Supporting

This proposal has not yet passed and is not available for execution.

Custom Spell Voting

It is also possible to vote on a custom spell address—only use this in case of emergencies!

View Custom Spell Voting Page

System Info

Chief Contract

MKR in Chief

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MKR on Governing Proposal

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Dai Savings Rate

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Total Dai

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Dai Debt Ceiling

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MKR Liquidity

0 MKR

MKR in Balancer

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MKR in Aave

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MKR in Uniswap

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MKR in Sushi

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MKR in Compound

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Executive Proposal FAQs

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