Sky's vote has been approved to raise the Intrerest Rate on some savings and various stability fees.

2024-12-08 02:23:26

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CoinVoice has learned that Decentralized Finance protocol Sky (formerly MakerDAO) tweeted that the following parameter changes will be implemented on December 9th at 5:24 Beijing time after receiving approval through voting. This includes updates to the Intrerest Rate for savings: Sky Savings Intrerest Rate (SSR) will be increased to 12.5%, DAI Savings Intrerest Rate (DSR) will be increased to 11.5%. Updates to Stability Fee parameters: ETH-A increased to 12.75%, ETH-B increased to 13.25%, ETH-C increased to 12.5%; WSTETH-A increased to 13.75%, WSTETH-B increased to 13.5%; WBTC-A increased to 16.25%, WBTC-B increased to 16.75%, WBTC-C increased to 16%. [Original Article Link]

DEFI1.54%

DAI0.07%

ETH0.91%

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