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Sky launches executive vote to raise savings rate to 12.5%

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2024-12-06 12:43:06
Sky announced on the X platform that it has now initiated an executive vote. If passed, the proposed changes to the Sky Agreement will take effect 30 hours after approval by the Sky Ecosystem Governance Board, with the following impact on users:
Changes in the savings rate
The Sky Savings Rate (SSR) will increase to 12.5% and the Dai Savings Rate (DSR) will increase to 11.5%.
- Stability fee parameter update
The ETH stability fee will increase: ETH-A to 12.75%, ETH-B to 13.25%, and ETH-C to 12.5%.
• WSTETH stabilization fee will increase: WSTETH-A to 13.75% and WSTETH-B to 13.5%.
• WBTC stabilization fee will increase: WBTC-A to 16.25%, WBTC-B to 16.75%, and WBTC-C to 16%.
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