[Sky reduces daily buyback from $300,000 to $37,600, cutting by 87%] According to Golden Finance, Sky Protocol (formerly MakerDAO) governance has passed a proposal to reduce the token buyback scale from $300,000 per day to $37,600 per day (approximately a 87% reduction) for a period of three months, in order to strengthen the reserves of stablecoins USDS and DAI. Founder Rune Christensen stated that this move is in response to potential risks of a global oil shock.