ChainCatcher message, Sky announced on platform X that it has started executing the voting. 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 interest rates

  • Sky savings rate (SSR) will increase to 12.5%, Dai savings rate (DSR) will increase to 11.5%.

Update on stability fee parameters

  • ETH stability fee will increase: ETH-A increases to 12.75%, ETH-B increases to 13.25%, ETH-C increases to 12.5%.

  • WSTETH stability fee will increase: WSTETH-A increases to 13.75%, WSTETH-B increases to 13.5%.

  • WBTC stability fee will increase: WBTC-A increases to 16.25%, WBTC-B increases to 16.75%, WBTC-C increases to 16%.

#ETH