SkySky Protocol enters Stage 2 of SKY Staking Rewards
Sky Protocol moved staking rewards into Stage 2, transitioning from treasury-funded to protocol revenue-funded distribution. Each month's surplus is now allocated to 22.5% SKY buybacks for SKY staking rewards, 22.5% USDS staking rewards, 5% SKY buy & burn, and up to 50% to the Surplus Buffer. SKY stakers can choose rewards in SKY or USDS; the parameter changes are included in the ecosystem's Executive Vote.
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- The Stage 2 parameter changes are included in today’s Executive Vote. Review the full proposal and governance details here ↓ https://t.co/Ax4mSB1gHl Replying to their earlier post: Stage 2 is not a new direction. It is the next step in the capital management framework published in April: build reserves first, then transition staking rewards onto protocol revenue and move toward…x.com ↗
- Under Stage 2, each month’s protocol surplus will be allocated: → 22.5% SKY buybacks for SKY Staking Rewards → 22.5% USDS Staking Rewards → 5% SKY buy & burn → up to 50% Surplus Buffer Replying to their earlier post: Stage 2 was defined in advance. Once the SKY treasury reserves funding staking rewards approached approximately 15 days of remaining supply, Sky Protocol would transition to a fully revenue-funded di…x.com ↗
- SKY stakers will now have the choice to receive rewards in either SKY or USDS. At the same time, half of the protocol surplus continues flowing to the Surplus Buffer, maintaining the reserve-building path while restoring a larger allocation to SKY. Replying to their earlier post: Under Stage 2, each month’s protocol surplus will be allocated: → 22.5% SKY buybacks for SKY Staking Rewards → 22.5% USDS Staking Rewards → 5% SKY buy & burn → up to 50% Surplus Bufferx.com ↗
- Stage 2 was defined in advance. Once the SKY treasury reserves funding staking rewards approached approximately 15 days of remaining supply, Sky Protocol would transition to a fully revenue-funded distribution model. That point has now been reached. https://t.co/YGKTJ7NvLi Quoting @SkyEcosystem: Stage 2 | The sustainable model 25% of protocol surplus buys SKY on the open market and distributes it as staking rewards, shifting from treasury-funded to revenue-funded. A 25% allocation reintroduces USDS staking rewards, giving SKY stakers a dual reward stream they can pick Replying to their earlier post: In April, Sky Ecosystem published the staged path forward. The plan outlined how staking rewards would transition from treasury reserves to protocol revenue once the Stage 2 trigger was reached. The…x.com ↗
- SKY buybacks are scaling back up as Sky Protocol enters Stage 2 of SKY Staking Rewards. After months of accelerated reserve building, staking rewards are moving from treasury-funded to protocol revenue-funded. Here’s what changes and why ↓ https://t.co/zaL606DGj5x.com ↗
