Sky initiates voting to propose raising the savings interest rate to 12.5%
On December 6th, Sky announced on platform X that it has initiated a voting process. If approved, the proposed changes to the Sky protocol will take effect 30 hours after approval by the Sky Ecosystem Governance Committee. The impact on users is as follows: - Changes in savings rates • The Sky Savings Rate (SSR) will increase to 12.5%, and the Dai Savings Rate (DSR) will increase to 11.5%. - Stability fee parameter updates • ETH stability fees will increase: ETH-A increases to 12.75%, ETH-B increases to 13.25%, ETH-C increases to 12.5%. • WSTETH stability fees will increase: WSTETH-A increases to 13.75%, WSTETH-B increases to 13.5%. • WBTC stability fees will increase: WBTC-A increases to 16.25%, WBTC-B increases to16 .75%, WBTC-C increases to16 %.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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