🚀 Exciting times for Sky as they launch a new Executive Vote, aiming to enhance the protocol's functionality and user experience! Formerly known as MakerDAO, Sky is pushing forward with its "Endgame" strategy, introducing key updates to savings rates and stability fees. 🌟
- **Savings Rate**: Sky Savings Rate (SSR) will rise to 9.5%, while the Dai Savings Rate (DSR) adjusts to 8.5%.
- **Stability Fees**: ETH and WBTC collateral fees see increases, impacting users of SparkLend and Morpho Vaults.
- **New Stablecoin**: DAI holders can transition to Sky Dollar (USDS) with added benefits.
Join the conversation! What do you think of these changes? 💬