Balancer: MKR migration to SKY is scheduled to end on September 18, overdue migration may result in losses

ChainCatcher News, Balaner posted on X platform stating that the migration deadline from MKR token to SKY token is September 18, which means that current MKR token holders have only five days left to complete the migration, otherwise they may face penalties.

If governance approval is obtained, overdue migration after September 22 will result in a loss of 1% of SKY tokens (increasing quarterly), which means that for each MKR token held, one may lose 240 SKY tokens.