天空協議正式從Makerdao過渡，引入了新的代幣，該代幣將充當“獨家治理資產”

一個重要的轉變是在分散的金融領域發生。曾經稱為Makerdao的天空協議正在重塑和移動

In a significant development within the decentralized finance space, Sky Protocol, formerly known as MakerDAO, is undergoing a substantial rebranding and introducing a new token that will serve as the "exclusive governance asset" for its ecosystem.

在分散的金融領域的重大發展中，以前稱為Makerdao的Sky Protogent正在經歷重大品牌重塑，並引入了新的令牌，該代幣將作為其生態系統的“獨家治理資產”。

This shift is part of a broader initiative by the Shapeshift Foundation to spearhead the creation of next-generation DeFi protocols, which are being designed to be more scalable, interoperable, and responsive to the evolving needs of the Web3 community.

這種轉變是ShapeShift基金會更廣泛的計劃的一部分，該計劃率先創建了下一代Defi協議，該協議的設計為更可擴展，可互操作，並且對Web3社區不斷發展的需求有響應。

As part of this transformation, the MKR token has been "retired from all governance responsibilities" and is currently on a trajectory for a future integration into the broader SKY ecosystem.

作為這種轉變的一部分，MKR代幣“從所有治理責任中退休”，目前正處於將來融入更廣闊的天空生態系統中的軌跡。

The current holders of MKR tokens are being urged to upgrade their holdings to SKY, or else they will lose their influence and benefits in the ecosystem as the MKR token fades into obsolescence.

正在敦促目前的MKR代幣持有人將其持有量升級為天空，否則，隨著MKR代幣逐漸淡入過時，他們將失去生態系統中的影響力和利益。

This alteration embodies a decisive movement in the arrangement and appearance of the future decentralized governance, staking, and performance-based incentives envisaged by the Sky Protocol team.

這種變更體現了在未來分散的治理，積分和基於績效的激勵團隊中設想的分散治理，積分和基於績效的激勵方面的決定性運動。

This remaking of Sky Protocol, according to the team, is not simply a rebranding effort. It represents a complete makeover—a total transformation from a governance model based largely in Web2 to one designed for Web3.

據團隊稱，這種對天空協議的重塑不僅僅是品牌重塑的努力。它代表了一個完整的改頭換面，這是從主要基於Web2中的治理模型到為Web3設計的完全轉換。

If this next-generation governance system works, it should allow for totally decentralized decision-making by a community of nearly 6,000 Sky Protocol token holders.

如果這種下一代治理系統有效，則應允許一個由近6,000個天空協議令牌持有人組成的社區完全分散的決策。

From MakerDAO to Sky Protocol: A New Era of DeFi Governance

從Makerdao到Sky Protoct：一個新時代的治理時代

Sky Protocol signals the evolution of MakerDAO—not only one of the earliest but also one of the most influential DeFi projects—into an even more expansive and forward-thinking protocol. With the introduction of the SKY token, governing MakerDAO becomes even simpler and fairer. The SKY token offers even greater accessibility and flexibility to users, and it incentivizes long-term performance of the protocol by linking much of its governance directly to the performance of SKY.

天空協議向Makerdao的演變信號（不僅是最早但最有影響力的Defi項目之一），這是一個更加廣泛和具有前瞻性的協議。隨著天空令牌的引入，管理Makerdao變得更加簡單，更公平。天空令牌為用戶提供了更大的可訪問性和靈活性，它通過將大部分治理直接與天空的表現聯繫起來，激勵協議的長期性能。

The governance model we are introducing empowers holders of the SKY governance token with an array of rights, including the right to vote on protocol changes (as well as the ability to direct this voting power to trusted representatives, if desired) and the right to significantly influence the development direction of Sky Protocol.

我們正在介紹具有一系列權利的天空治理令牌的授權人持有者，包括對協議變更的投票權（以及如果需要的話，將這種投票權指向值得信賴的代表的能力）以及顯著影響天空協議的發展方向的權利。

@SkyEcosystem (prev. Maker DAO) has officially transitioned $MKR to $SKY, which is now the sole governance token powering the protocol’s future.

@skyecosystem（Prev。MakerDao）已正式將$ MKR轉換為$ SKY，這是現在為協議未來提供動力的唯一治理令牌。

Holders of $MKR must upgrade to $SKY to keep their influence and benefits in the ecosystem. Otherwise, MKR will slowly fade out. pic.twitter.com/DiRXTjUIWv

$ MKR的持有人必須升級到$ Sky，以保持其在生態系統中的影響力和利益。否則，MKR將慢慢消失。 pic.twitter.com/dirxtjuiwv

— Crypto Miners (@CryptoMiners_Co) May 21, 2025

- 加密礦工（@cryptominers_co），2025年5月21日

We hope that also makes our governance mechanism more robust and responsive—in other words, capable of being both well-run and well-scaled.

我們希望這也能使我們的治理機制更加強大和響應迅速，換句話說，能夠既能運轉良好又得分。

Sky Protocol has stressed that all holders of MKR must upgrade their tokens in order to still take part in governance decisions and receive protocol rewards. The upgrade rate has been set at 1 MKR = 24,000 SKY, a rate that highlights the protocol’s desire to grow its community and governance participation.

天空協議強調，所有MKR的持有人都必須升級其令牌，以便仍然參與治理決策並獲得協議獎勵。升級率已設定為1 MKR = 24,000天，這一比率凸顯了該協議渴望發展其社區和治理參與的願望。

Time-Sensitive Transition: Penalties Begin in September 2025

時間敏感過渡：罰款從2025年9月開始

To promote fast engagement in the upgrade process, Sky Protocol has put forward a penalty mechanism that operates on a time basis. Beginning on September 18, 2025, holders of MKR who have not yet completed the transition to SKY will suffer a devaluation in their conversion rates; in other words, the MKR holdouts will get precisely 0.78 SKY tokens for every MKR they do manage to convert, instead of the 1.0 SKY tokens the protocol would otherwise issue. Although this is the first time we have seen a penalty mechanism employed in this context, and it almost seems like a more sophisticated version of the nudges used to promote health behaviors or save money for retirement, in Sky’s case, it’s all about getting its community up to speed on a new and better version of its decentralized operating system.

為了促進快速參與升級過程，Sky Protastion提出了一種懲罰機制，該機制是在時間上運作的。從2025年9月18日開始，尚未完成過渡到天空的MKR的持有人將遭受轉換率貶值；換句話說，對於他們設法轉換的每個MKR，MKR持有將完全獲得0.78的天空令牌，而不是1.0的天空令牌，協議將否則會發出。儘管這是我們第一次看到在這種情況下採用的懲罰機制，但似乎是用於促進健康行為或為退休省錢的裸露版本的更複雜的版本，但就Sky而言，這一切都是關於使其社區迅速發展其新版本的其分散操作系統的新版本。

Individuals who finish the update prior to the deadline of September 18 will obtain the entire 24,000 SKY for each MKR token and will enjoy unhindered governance and staking benefits. On the other hand, users who upgrade after the deadline may have less governance power and diminished opportunities to earn rewards, reinforcing the importance of upgrading sooner rather than later.

在9月18日截止日期之前完成更新的個人將為每個MKR代幣獲得整個24,000天的天空，並將享受不受阻礙的治理和固定福利。另一方面，在截止日期之後升級的用戶可能具有較小的治理能力，並減少了獲得獎勵的機會，從而增強了更快而不是稍後升級的重要性。

Unlocking New Features with the Sky Staking Engine

用天空鑄造引擎解鎖新功能

A feature that stands out with the launch of the SKY token is the Sky Staking Engine, a new rewards system that allows for returns earned on SKY that are based on how well the protocol performs. When users stake SKY, they are doing more than just supporting the network’s security and decentralization; they are now co-investing (with the protocol) in the protocol’s success. And the rewards scale with how well the protocol performs.

Sky Staking Engine是一項脫穎而出的功能，它是一種新的獎勵系統，它允許根據協議的性能在天空上獲得的回報。當用戶賭注天空時，他們不僅僅是支持網絡的安全性和權力下放。他們現在正在協議的成功中共同投資（協議）。以及協議的性能如何。

Sky Protocol’s mission is to align community incentives with

天空協議的使命是使社區激勵措施與