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

2024-12-08 10:01:20

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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