PANews, November 8th news, Sky (formerly MakerDAO) announced on the X platform that the new SPKToken tokenomics proposal has been released on the Sky forum. The proposal aims to regulate the issuance of StarToken, and the first StarTokenSPK will be launched in the next few months. As stated in the proposal, the initial issuance of StarToken will last for 10 years, with half of the issuance occurring in the first two years, and then the issuance rate will halve every two years. Like all future StarTokens, the total supply of SPK is 10 billion; 8 billion of which will be allocated to three types of recipients, namely USDSholder, activated SKYholder, and sealed SKYholder. SPK is expected to be issued first in the next few months. In addition, 1 billion will be allocated to Liquidity guidance, and another 1 billion will be allocated to contributors as Token grants. Both of these Token parts will be managed by the governance team of each StarToken, with rewards tied to milestones and performance. LiquidityToken will also need to comply with transparency and reporting systems. With the approval of the governance layer, this proposal aims to establish a clear and transparent framework for the issuance of each StarToken within the Sky ecosystem.
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Sky Forum has released a new SPKTokenomics proposal
PANews, November 8th news, Sky (formerly MakerDAO) announced on the X platform that the new SPKToken tokenomics proposal has been released on the Sky forum. The proposal aims to regulate the issuance of StarToken, and the first StarTokenSPK will be launched in the next few months. As stated in the proposal, the initial issuance of StarToken will last for 10 years, with half of the issuance occurring in the first two years, and then the issuance rate will halve every two years. Like all future StarTokens, the total supply of SPK is 10 billion; 8 billion of which will be allocated to three types of recipients, namely USDSholder, activated SKYholder, and sealed SKYholder. SPK is expected to be issued first in the next few months. In addition, 1 billion will be allocated to Liquidity guidance, and another 1 billion will be allocated to contributors as Token grants. Both of these Token parts will be managed by the governance team of each StarToken, with rewards tied to milestones and performance. LiquidityToken will also need to comply with transparency and reporting systems. With the approval of the governance layer, this proposal aims to establish a clear and transparent framework for the issuance of each StarToken within the Sky ecosystem.