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SPCX $163.68 +0.47%
MU $1,036.77 +0.74%
AMD $609.91 +0.33%

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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