MakerDAO is proposing adjustments to EDSR and stability fee, with the DSR being reduced from 8% to 5%.
2023-08-18 15:28
Odaily News reports that the MakerDAO governance page shows that a series of proposed adjustments, including EDSR and stability fee, have been approved through voting and will be implemented on August 20, 2023, at 14:24 UTC.
The main contents of the proposal include a reduction of DSR based on EDSR, where DSR will be decreased from 8% to 5% after the approval of this proposal. Additionally, there will be an increase in stability fees for ETH, wstETH, rETH, and other related assets. The parameters of the intelligent burning engine will also be updated.
The main contents of the proposal include a reduction of DSR based on EDSR, where DSR will be decreased from 8% to 5% after the approval of this proposal. Additionally, there will be an increase in stability fees for ETH, wstETH, rETH, and other related assets. The parameters of the intelligent burning engine will also be updated.
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