Sky Executive Vote Approved to Raise Some Savings Rates and Various Stabilization Fees
2024-12-08 02:14:40
DeFi protocol Sky (formerly MakerDAO) tweeted that the following parameter changes will be implemented at 5:24 Beijing time on December 9 after the implementation vote is approved. These include savings rate updates: Sky savings rate (SSR) will be increased to 12.5% and DAI savings rate (DSR) will be increased to 11.5%. Stability Fee parameter update: ETH-A to 12.75%, ETH-B to 13.25%, ETH-C to 12.5%; WSTETH-A to 13.75%, WSTETH-B to 13.5%; WBTC-A to 16.25%, WBTC-B to 16.75%, WBTC-C to 16%.
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