🚀 MakerDAO approves temporary fee adjustments to strengthen the protocol due to high market volatility and bullish sentiment, reducing reserves of its Dai stablecoin (DAI). The proposal seeks to anticipate unpredictable user actions and accelerate the approval of stability measures. The changes include:

- Increase stability fees on different collateral assets from 15% to 17.25%.

- Increase SparkLend DAI Lending Rate from 6.7% to 16%.

- Reduce the waiting time for debt ceiling increases from 24 to 12 hours.

- Increase the Dai Savings Rate to 15% and the pause delay of the Government Security Module from 48 to 16 hours.

What do you think of these adjustments? Comment below! 👇