SKY jumps nearly 10% after governance vote slows new token creation while buybacks tighten supply

CoinDesk
by Sam Reynolds
March 5, 2026
The protocol has repurchased about 1.83 Billion SKY tokens with USDS while a March 2 governance proposal reduced staking emissions and expanded credit infrastructure around its USDS stablecoin.
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Originally published on CoinDesk on 3/5/2026
SKY jumps nearly 10% after governance vote slows new token creation while buybacks tighten supply