A new Sky Executive Vote is now live. If passed, the proposed changes to the Sky Protocol will take effect 16 hours after approval by the Sky Ecosystem Governance, impacting users as follows:

Changes to the Savings Rate

• The Sky Savings Rate (SSR) will increase to 8.5%, and the Dai Savings Rate (DSR) to 7.5%.

Stability Fee Parameters Update

• ETH Stability Fees will increase: ETH-A to 8.25%, ETH-B to 8.75%, and ETH-C to 8%.

• WSTETH Stability Fees will increase: WSTETH-A to 9.25%, and WSTETH-B to 9%.

• WBTC Stability Fees will increase: WBTC-A to 11.25%, WBTC-B to 11.75%, and WBTC-C to 11%.

The vote also includes a Spark Proxy Spell, which, if approved, will affect SparkLend and Spark's Morpho Vaults users. Additionally, the Executive Vote addresses updates to the Sky Ecosystem Liquidity Bootstrapping Funding, Integration Boost Funding, and other initiatives.

For more details, please read the complete proposal at: https://t.co/2bKtiHVv1q.

If approved by the Sky Ecosystem Governance, the proposed protocol changes will take effect within 16 hours.