Sky Ecosystem Community Call December 4, 2025

The Maker community will hold a vote starting December 11, 2025, to decide on increasing the penalty rate for delayed MKR to SKY token conversions from 1% to 2%. This governance decision is focused on encouraging timely upgrades within the Sky Ecosystem, which involves the conversion of MKR tokens to SKY tokens. The vote will be conducted through Maker's established governance platform, allowing MKR holders to participate in the decision-making process. Recent News There have been no major news announcements specifically about this vote, but the Sky Ecosystem has been progressing its upgrade processes and encouraging users to convert MKR to SKY tokens to align with new network protocols. The increased penalty is intended to address delays observed in previous conversions and incentivize on-time participation. Future Plans Following the vote, if approved, the raised penalty will enforce stricter compliance for upgrade delays, potentially improving network security and token migration efficiency. The Sky Ecosystem roadmap includes further enhancements to token integration and governance participation to streamline user experiences. Onchain Data No verifiable onchain metrics available. Community Sentiment Neutral — The community is mostly supportive of measures encouraging timely upgrades but some express concerns about the increased penalty affecting late participants. Quotes include: "Fair penalty for encouraging upgrades," "Hope it doesn't punish genuine delays," and "Good step for network stability." Risk Disclaimer This voting event may influence MKR and SKY token holders' behavior and potentially affect token prices due to changes in penalty rates for token conversion delays. Sources used https://x.com/SkyEcosystem/status/1998434054329208978

The Maker project announced a penalty related to MKR to SKY upgrades, imposing a 2% penalty on all such upgrades starting at 14:00 UTC on December 15, 2025. This event is an upgrade mechanism adjustment and is hosted by the Maker team, focusing on the MKR token holders participating in the upgrade to SKY tokens. Recent News There have been no additional detailed announcements or major updates about this penalty event recently found in major crypto news sources or social media channels. The event appears to be a straightforward adjustment linked to the upgrade process from MKR to SKY tokens. Future Plans Maker's future roadmap includes refining governance and token utility functionalities, which may impact similar upgrades or tokenomic adjustments, but specific further penalties or changes around MKR to SKY upgrades have not been disclosed at this time. Community Sentiment Neutral to mixed. Some community members see the penalty as a necessary deterrent for rapid token upgrades to maintain ecosystem stability, while others express concern about the impact on token holders upgrading MKR to SKY. Risk Disclaimer The 2% penalty could influence user behavior and MKR token price by discouraging frequent or large upgrades to SKY, introducing potential volatility. Sources used https://x.com/SkyEcosystem/status/1999557976084930900

```html EXMO exchange is delisting QTUM/ETH, USD/DAI, and XRP/ETH trading pairs on January 12, 2026. Users are advised to cancel their open orders to avoid automatic cancellation. Sources used https://cryptocalendar.ai/events/exmo-delisting-event-exchange-12-01-2026 ```