天空协议正式从Makerdao过渡，引入了新的代币，该代币将充当“独家治理资产”

一个重要的转变是在分散的金融领域发生。曾经称为Makerdao的天空协议正在重塑和移动

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.

在分散的金融领域的重大发展中，以前称为Makerdao的Sky Protogent正在经历重大品牌重塑，并引入了新的令牌，该代币将作为其生态系统的“独家治理资产”。

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.

这种转变是ShapeShift基金会更广泛的计划的一部分，该计划率先创建了下一代Defi协议，该协议的设计为更可扩展，可互操作，并且对Web3社区不断发展的需求有响应。

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.

作为这种转变的一部分，MKR代币“从所有治理责任中退休”，目前正处于将来融入更广阔的天空生态系统中的轨迹。

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代币持有人将其持有量升级为天空，否则，随着MKR代币逐渐淡入过时，他们将失去生态系统中的影响力和利益。

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.

这种变更体现了在未来分散的治理，积分和基于绩效的激励团队中设想的分散治理，积分和基于绩效的激励方面的决定性运动。

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.

据团队称，这种对天空协议的重塑不仅仅是品牌重塑的努力。它代表了一个完整的改头换面，这是从主要基于Web2中的治理模型到为Web3设计的完全转换。

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.

如果这种下一代治理系统有效，则应允许一个由近6,000个天空协议令牌持有人组成的社区完全分散的决策。

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

从Makerdao到Sky Protoct：一个新时代的治理时代

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.

天空协议向Makerdao的演变信号（不仅是最早但最有影响力的Defi项目之一），这是一个更加广泛和具有前瞻性的协议。随着天空令牌的引入，管理Makerdao变得更加简单，更公平。天空令牌为用户提供了更大的可访问性和灵活性，它通过将大部分治理直接与天空的表现联系起来，激励协议的长期性能。

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.

我们正在介绍具有一系列权利的天空治理令牌的授权人持有者，包括对协议变更的投票权（以及如果需要的话，将这种投票权指向值得信赖的代表的能力）以及显着影响天空协议的发展方向的权利。

@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）已正式将$ MKR转换为$ SKY，这是现在为协议未来提供动力的唯一治理令牌。

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的持有人必须升级到$ Sky，以保持其在生态系统中的影响力和利益。否则，MKR将慢慢消失。 pic.twitter.com/dirxtjuiwv

— Crypto Miners (@CryptoMiners_Co) May 21, 2025

- 加密矿工（@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.

我们希望这也能使我们的治理机制更加强大和响应迅速，换句话说，能够既能运转良好又得分。

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.

天空协议强调，所有MKR的持有人都必须升级其令牌，以便仍然参与治理决策并获得协议奖励。升级率已设定为1 MKR = 24,000天，这一比率凸显了该协议渴望发展其社区和治理参与的愿望。

Time-Sensitive Transition: Penalties Begin in September 2025

时间敏感过渡：罚款从2025年9月开始

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.

为了促进快速参与升级过程，Sky Protastion提出了一种惩罚机制，该机制是在时间上运作的。从2025年9月18日开始，尚未完成过渡到天空的MKR的持有人将遭受转换率贬值；换句话说，对于他们设法转换的每个MKR，MKR持有将完全获得0.78的天空令牌，而不是1.0的天空令牌，协议将否则会发出。尽管这是我们第一次看到在这种情况下采用的惩罚机制，但似乎是用于促进健康行为或为退休省钱的裸露版本的更复杂的版本，但就Sky而言，这一切都是关于使其社区迅速发展其新版本的其分散操作系统的新版本。

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个人将为每个MKR代币获得整个24,000天的天空，并将享受不受阻碍的治理和固定福利。另一方面，在截止日期之后升级的用户可能具有较小的治理能力，并减少了获得奖励的机会，从而增强了更快而不是稍后升级的重要性。

Unlocking New Features with the Sky Staking Engine

用天空铸造引擎解锁新功能

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是一项脱颖而出的功能，它是一种新的奖励系统，它允许根据协议的性能在天空上获得的回报。当用户赌注天空时，他们不仅仅是支持网络的安全性和权力下放。他们现在正在协议的成功中共同投资（协议）。以及协议的性能如何。

Sky Protocol’s mission is to align community incentives with

天空协议的使命是使社区激励措施与