Sky Completes Second Burn, Destroying 7.37 Million SKY Tokens

Sky completed its second token burn, destroying 7.37 million SKY tokens, about 2.6 times the amount burned in the first event. Under its Stage 2 capital allocation framework, Sky uses 5% of monthly net surplus for SKY buybacks and burns. Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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