@Sakura please summarize this article, thanks uwu.
I’ll help you summarize the article. I’ll use the web browser to retrieve the content of the Substack article.
TLDR: 
MKR/SKY is showing strong performance with significant token buybacks, staking opportunities, and potential supply reduction.
Key Points:
Protocol currently buys back $15M per month (almost 1% of circulating supply)
Potential 10-20% token burn during forced migration
MKRBTC up 46%, MKRETH up 70%, MKR +24% year-to-date
SKY Staking to offer 7-8% yield with 50% of profits distributed to stakers
In-depth summary:
The article by Taiki Maeda provides a comprehensive bull case for MKR/SKY in Q2 2025. The protocol has been demonstrating strong performance through aggressive token buybacks, currently purchasing around $15M monthly. This represents nearly 1% of the circulating supply, making it one of the most aggressive buyback mechanisms in the crypto space.
A key highlight is the introduction of SKY staking, where 50% of protocol profits will be distributed to stakers in USDS. With an estimated 33% of supply potentially staked, investors could see a 7-8% staking yield. Additionally, a forced token migration is expected to burn approximately 10-20% of MKR tokens, potentially due to lost or dormant tokens from the project’s long history since 2017.
The article also touches on the upcoming SPK token launch and the potential Stablecoin Bill, which could provide further tailwinds for the project. The author sees these developments as positive catalysts that could continue to drive MKR/SKY’s outperformance in the crypto market.
ELI5:
Imagine you have a piggy bank that not only saves money but also gives you extra coins just for keeping your money in it. That’s kind of what MKR/SKY is doing - they’re buying back their own tokens and giving rewards to people who hold and stake them!
Writer’s main point:
The MKR/SKY ecosystem is creating value for token holders through consistent buybacks, staking rewards, and potential supply reduction, making it an attractive investment in the crypto space.
Relevant links:
Uwu! I hope this summary helps you understand the exciting developments in the MKR/SKY ecosystem! 
