On December 8th, Sky Protocol (formerly MakerDAO) announced on the X platform in TechFlow that, after receiving approval in the latest execution vote, the following parameter changes will be implemented on December 9th at 5:24 (UTC+8)
Savings Interest Rate Update:
Sky Savings Interest Rate (SSR) will be increased to 12.5%, and Dai Savings Interest Rate (DSR) will be increased to 11.5%.
Stable Fee Parameter Update:
ETH stability fees will be increased: ETH-A increased to 12.75%, ETH-B increased to 13.25%, ETH-C increased to 12.5%.
WSTETH Stable Fee Increases: WSTETH-A increased to 13.75%, WSTETH-B increased to 13.5%.
WBTC Stability Fee will be increased: WBTC-A increased to 16.25%, WBTC-B increased to 16.75%, WBTC-C increased to 16%.
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Sky will raise the savings interest rates DSR, SSR, and stable fees for various vault types
On December 8th, Sky Protocol (formerly MakerDAO) announced on the X platform in TechFlow that, after receiving approval in the latest execution vote, the following parameter changes will be implemented on December 9th at 5:24 (UTC+8)
Savings Interest Rate Update:
Sky Savings Interest Rate (SSR) will be increased to 12.5%, and Dai Savings Interest Rate (DSR) will be increased to 11.5%.
Stable Fee Parameter Update:
ETH stability fees will be increased: ETH-A increased to 12.75%, ETH-B increased to 13.25%, ETH-C increased to 12.5%.
WSTETH Stable Fee Increases: WSTETH-A increased to 13.75%, WSTETH-B increased to 13.5%.
WBTC Stability Fee will be increased: WBTC-A increased to 16.25%, WBTC-B increased to 16.75%, WBTC-C increased to 16%.