The latest Executive Vote has just been approved.

→ https://vote.makerdao.com/executive/template-executive-vote-out-of-schedule-executive-vote-increase-edsr-increase-stability-fees-decrease-gsm-delay-usdc-psm-throughput-change-trigger-spark-proxy-spell-march-8-2024

As a result, the following changes will be implemented within the Maker Protocol on March 10, 2024, at 19:55 UTC.

• Stability Fees for various collateral assets, including ETH and WBTC vaults, will be increased, with fees ranging from 15% to 17.25%, as follows:

• ETH-A Stability Fee to 15.25%
• ETH-B Stability Fee to 15.75%
• ETH-C Stability Fee to 15%
• WSTETH-A Stability Fee to 16.25%
• WSTETH-B Stability Fee to 16%
• WBTC-A Stability Fee to 16.75%
• WBTC-B Stability Fee to 17.25%
• WBTC-C Stability Fee to 16.5%

• SparkLend DAI Borrow APY will increase from 6.7% to 16%.

• The PSM cooldown for Debt Ceiling increases will decrease from 24h to 12h, enhancing USDC deposit and DAI minting throughput.

• The DSR will increase to 15% to make DAI holding more appealing, boosting demand and relieving downward price pressures.

• The GSM Pause Delay will decrease from 48 to 16 hours for swifter implementation of future adjustments.

For more details on this proposal, please refer to the following post:

https://x.com/MakerDAO/status/1766177247868621229?s=20