Sky Innovation repurchased 4.33 million SKY using staking rewards over the past 2 days
According to a report by Jinse Finance, monitored by on-chain data analyst Ember, Sky (formerly Maker DAO) co-founder Rune Christensen's address repurchased 4.33 million SKY (approximately $330,000) using staking rewards over the past two days. Sky recently launched staking SKY to earn USDS rewards, and Rune's address staked 3.16 billion SKY (approximately $229 million), currently earning about 100,000 USDS per day. On the 4th and early this morning, he claimed staking rewards totaling 330,000 USDS, which he then repurchased into 4.33 million SKY at a price of $0.076.
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