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BTC $69,337.49 -4.52%
ETH $1,974.69 -0.39%
BNB $677.54 -3.85%
XRP $1.26 -3.38%
SOL $78.93 -2.61%
TRX $0.3407 -2.70%
DOGE $0.0989 -1.09%
ADA $0.2233 -3.51%
BCH $285.14 +0.37%
LINK $8.82 -2.34%
HYPE $72.13 -0.74%
AAVE $77.81 -4.23%
SUI $0.8475 -3.66%
XLM $0.2318 -13.39%
ZEC $578.25 +6.33%

Sky's executive vote has been approved to raise some savings interest rates and various stable fees

2024-12-08 10:01:20
Collection

ChainCatcher message, DeFi protocol Sky (formerly MakerDAO) tweeted that after executing the vote for approval, the following parameter changes will take effect on December 9 at 5:24 AM Beijing time. This includes an update to the savings rates: the Sky Savings Rate (SSR) will increase to 12.5%, and the DAI Savings Rate (DSR) will increase to 11.5%. Updates to the Stability Fee parameters: ETH-A will increase to 12.75%, ETH-B will increase to 13.25%, ETH-C will increase to 12.5%; WSTETH-A will increase to 13.75%, WSTETH-B will increase to 13.5%; WBTC-A will increase to 16.25%, WBTC-B will increase to 16.75%, WBTC-C will increase to 16%.

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