Sky's new proposal suggests temporarily reducing the SKY buyback ratio to strengthen the USDS capital buffer.

PANews reported on March 10th that Sky Protocol governance has proposed temporarily reducing the proportion of programmatic SKY buybacks based on net profit from 75% to approximately 7.5% for about three months. This measure aims to strengthen the protocol's capital base and the backing of USDS. During this period, SKY staking rewards will remain unchanged and will continue to be paid in SKY, funded by the protocol's existing reserves. The current circulating supply of USDS has exceeded approximately $11 billion. The Sky Savings Rate has also been lowered by 25 basis points to 3.75% to align with recent changes in the interest rate environment. Voting will be open until 16:00 (UTC) on March 12th.