Sky has introduced stablecoin incentives for SKY staking
According to a report by Jinse Finance, based on information from the official website, Sky (formerly Maker) has begun offering stablecoin incentives for staking SKY tokens, with incentives distributed in the form of USDS. The current APY for SKY staking is 17.48%. Previously, it was reported that two whales withdrew MKR worth $5.4 million from Binance and staked it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"BTC OG Insider Whale" Increases ETH Long Positions to $540 Million, Unrealized Losses Exceed $20 Million
"Machi" faces liquidation again, losing $2.44 million in the past week
BitGo receives conditional approval to become a banking institution
The US Office of the Comptroller of the Currency approves Paxos as a regulated blockchain infrastructure provider
