$MKR
The DeFi protocol Sky (formerly MakerDAO) announced a series of parameter changes after the execution vote was approved, which were implemented at 5:24 AM Beijing time on December 9. Here are the specific parameter update details:
1. Savings Rate Update:
• Sky Savings Rate (SSR) increased to 12.5%.
• DAI Savings Rate (DSR) increased to 11.5%.
2. Stability Fee Parameter Update:
• ETH stability fee increased:
• ETH-A increased to 12.75%.
• ETH-B increased to 13.25%.
• ETH-C increased to 12.5%.
• WSTETH stability fee increased:
• WSTETH-A increased to 13.75%.
• WSTETH-B increased to 13.5%.
• WBTC stability fee increased:
• WBTC-A increased to 16.25%.
• WBTC-B increased to 16.75%.
• WBTC-C increased to 16%.
These updates reflect the proactive actions of the Sky protocol in adjusting its economic parameters to adapt to market conditions and user demands.
