Sky Token Soars 8% on $75 Million Buyback Initiative

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Crypto protocol Sky has successfully boosted its native token, SKY, by 8% over the past six months through a significant $75 million token buyback program. The initiative, which began in late February, has seen the protocol utilize its stablecoin, USDS, to repurchase millions of SKY tokens, effectively reducing supply and driving up value.

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