Sky co-founder continues to use staking rewards to buy back SKY tokens
According to Jinse Finance, on-chain analyst Yujin has observed that Rune, co-founder of Sky (formerly MakerDAO), continues to use SKY staking rewards to buy back SKY. Half an hour ago, Rune claimed SKY staking rewards: 1.9 million USDS and 10.378 million SPK (worth $1.3 million), then transferred them to his buyback address. He is currently selling SPK to repurchase SKY.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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