NEW
USDS yield Flash News List | Blockchain.News
Flash News List

List of Flash News about USDS yield

Time Details
2025-06-06
02:47
SkyEcosystem Co-founder RuneKek Rebuys 4.33 Million SKY Tokens Using Staking Rewards: Key Trading Insights

According to @EmberCN, SkyEcosystem (formerly MakerDAO) co-founder @RuneKek's address repurchased 4.33 million SKY tokens (worth $330,000) in the past two days using staking rewards. SkyEcosystem recently launched a program where staking SKY tokens yields USDS rewards. RuneKek's address has staked 3.16 billion SKY (valued at $229 million), currently earning approximately 100,000 USDS daily. Over two recent reward claims, RuneKek collected a total of 330,000 USDS in staking rewards, which were then used to buy back SKY tokens. This significant buyback activity by a major insider signals strong confidence in the SKY token and has triggered increased trading volume and bullish sentiment among traders, making SKY a key altcoin to watch for short-term price momentum. (Source: @EmberCN on Twitter, June 6, 2025)

Source