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ETH $2,229.00 -2.07%
BNB $670.36 -1.41%
XRP $1.44 -3.35%
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TRX $0.3520 -0.17%
DOGE $0.1126 -3.00%
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BCH $425.46 -2.35%
LINK $10.07 -3.56%
HYPE $43.48 -5.78%
AAVE $92.69 -5.42%
SUI $1.09 -7.69%
XLM $0.1548 -4.39%
ZEC $513.41 -6.27%

MakerDAO's proposal on EDSR and stability fee adjustments has been voted through, and the DSR will be reduced to 5%

2023-08-18 23:35:15
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ChainCatcher message, the MakerDAO governance page shows that a series of adjustment proposals regarding EDSR and stability fees have been voted through and will be executed at 22:24 Beijing time on August 20.

The main content of the proposal includes: DSR will be reduced based on the EDSR update, and after the proposal is passed, DSR will be lowered from 8% to 5%; an increase in stability fees for ETH, wstETH, rETH, and other assets; updating parameters for the smart burn engine, etc.

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