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