Over half of MKR supply has already upgraded to SKY (57%), and nearly half of circulating SKY is staked. MKR that stays behind becomes legacy: no yield, no governance, no share of the compounding system. SKY is where rewards flow, already backed by >11M USDS + 33M SPK. On Sept 18, governance will vote on the Delayed Upgrade Penalty. If approved, it goes live Sept 22: • From that date, MKR → SKY upgrades will get 1% less SKY • The penalty grows by 1% every 3 months (capped at 100% in 25 years) No penalty applies before Sept 22. SKY unlocks yield, governance, and long-term rewards that MKR never offered. Your MKR could already be compounding as SKY. Why wait?