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XLM $0.1687 -1.71%
ZEC $1,249.92 -5.07%
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AMZN $252.02 -0.78%
GOOGL $292.16 -10.09%
MSFT $549.95 +3.72%
META $621.52 -0.27%
NVDA $214.22 -2.47%
TSLA $402.52 -1.73%
SNDK $1,359.91 -0.09%
INTC $92.21 -3.10%
SPCX $144.13 -3.80%
MU $952.99 -1.02%
AMD $563.03 -0.85%

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

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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