Balaner: The migration of MKR to SKY is scheduled to end on September 18, and delays may result in losses

ChainCatcher news, Balaner posted on platform X that the migration deadline for MKR tokens to SKY tokens is September 18, which means that current MKR token holders only have five days to migrate, or they may face penalties.

Because if governance approval is obtained, overdue migrations starting from September 22 will incur a loss of 1% of SKY tokens (increasing each quarter), which means that for each MKR token held, one could lose 240 SKY tokens.