Sky Protocol repurchased 11.25 million SKY tokens for $680,000, bringing the total repurchase to over $79 million.

PA一线
PA一线

PANews reported on October 21st that Sky Protocol announced that it had repurchased 11.25 million SKY tokens last week using $680,000 in USDS. To date, the total amount of USDS used for repurchases has exceeded $79 million.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Telegram Discussion Group
Telegram News Channel
@PANews
Recommended Reading
PA一线

PA一线

Sky has drastically reduced its buybacks to increase its stablecoin reserves in response to potential oil price shocks.
PA一线

PA一线

Sky's new proposal suggests temporarily reducing the SKY buyback ratio to strengthen the USDS capital buffer.
PA一线

PA一线

The Spark community is discussing adjusting SubDAO Proxy reserve parameters to improve fund utilization efficiency.
PA一线

PA一线

Sky Protocol repurchased 29.3 million SKY tokens last week, bringing its cumulative repurchase to over 96 million USDS.
PA一线

PA一线

Sky Protocol bought back 40.5 million SKY tokens in the past week, bringing the total buyback amount to over 86 million USDS.
PA一线

PA一线

The Sky community's proposal to adjust the staking reward mechanism will be implemented tonight.

Popular Articles

Industry News
Market Trends
Curated Readings
Subscribe
PANews App
24/7 blockchain news tracking and in-depth analysis.
Download PANews App
App StoreGoogle Play
PANews APP
Ministry of Industry and Information Technology: Risk Warning Regarding Timely Updates to Specific iOS Versions to Prevent Vulnerability Exploitation
PANews Newsflash