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Sky's executive vote approved to increase some savings rates and various stability fees

Sky's executive vote approved to increase some savings rates and various stability fees

CointimeCointime2024/12/08 02:55
By:Cointime

According to a report , DeFi protocol Sky (formerly MakerDAO) announced in a tweet that the following parameter changes will take effect on December 9th at 5:24 AM Beijing time after being approved by a vote. This includes updates to savings rates: Sky Savings Rate (SSR) will increase to 12.5%, DAI Savings Rate (DSR) will increase to 11.5%. Stability Fee parameter updates: 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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