According to the latest official announcement from the MakerDAO (MKR) team, existing MKR tokens will be converted into Sky Protocol (SKY) tokens at a rate of 1 MKR = 24,000 SKY. Gate TR will support this token migration and provide users with a seamless swap service. Users’ MKR tokens held on Gate TR will be automatically converted into SKY tokens.
September 15, 2025, 03:00 (UTC): Gate TR will suspend MKR deposits, withdrawals, and trading services.
New Sky Protocol (SKY) ID: 0x56072C95FAA701256059aa122697B133aDEd9279 (ETH)
For more details, please refer to the official announcement:
https://forum.sky.money/t/updated-information-for-sky-integrators/26766
Please note that Gate TR will no longer support the old MakerDAO (MKR) tokens after the migration. The listing time for Sky Protocol (SKY) will be announced separately after Gate TR completes the listing review.
We understand this change may cause some inconvenience and sincerely apologize for any disruption caused. We are committed to ensuring a smooth swap process and will provide timely updates as needed.
Thank you for your support and trust in Gate TR. If you have any questions or need assistance, please feel free to contact our customer service team.
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Gate TR Team
September 08, 2025
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