**SKY: The Governance Token of the Sky Ecosystem** SKY serves as the governance token for the Sky Ecosystem. - **Token Conversion:** MKR holders have the option to upgrade their MKR to SKY, with the ability to convert SKY back to MKR if desired. The upgrade is entirely optional. - **Conversion Rate:** Users receive 24,000 SKY for every 1 MKR upgraded. **Smart Burn Engine Integration** At launch, the Smart Burn Engine will focus on the SKY/USDS market, utilizing its existing liquidity and future automatic liquidity acquisition from Protocol Surplus. **Future Features** During later phases of the Sky Launch Season, SKY will introduce additional functionalities: - **Sealed Activation** - **Regular Activation** These features provide eligible participants with USDS and token rewards for active involvement in Sky Governance. However, access to these features is restricted in certain jurisdictions, including the US and UK, as well as for VPN users. *(Note: Features and restrictions are subject to the project's terms and applicable regulations.)*