Sky: Has initiated the execution of voting, intending to raise the Sky savings interest rate to 12.5%

ChainCatcher message, Sky announced on the X platform that the execution voting has now started. If passed, the proposed changes to the Sky protocol will take effect 30 hours after approval by the Sky ecosystem governance committee. The impact on users is as follows:

Changes in Savings Rates

• Sky Savings Rate (SSR) will increase to 12.5%, Dai Savings Rate (DSR) will increase to 11.5%.

Stable Fee Parameter Updates

• ETH stable fees will increase: ETH-A will increase to 12.75%, ETH-B will increase to 13.25%, ETH-C will increase to 12.5%.
• WSTETH stable fees will increase: WSTETH-A will increase to 13.75%, WSTETH-B will increase to 13.5%.
• WBTC stable fees will increase: WBTC-A will increase to 16.25%, WBTC-B will increase to 16.75%, WBTC-C will increase to 16%.