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Maker will hold a vote to adjust multiple parameters such as stable rates and yields.

Maker will hold a vote to adjust multiple parameters such as stable rates and yields.

CointimeCointime2024/02/19 16:07
By:Cointime

Maker plans to introduce a new set of parameter adjustments through an executive vote in the Maker protocol. These adjustments include:1. Stable fee adjustments• Reduce the ETH-A stable fee from 6.74% to 6.41%;• Reduce the ETH-B stable fee from 7.24% to 6.91%;• Reduce the ETH-C stable fee from 6.49% to 6.16%, etc.2. Yield benchmark parameter adjustments• Lower the yield benchmark for collateral from 5.45% to 5.43%;• Increase the yield benchmark for stable collateral from 0.87% to 1.74%;3. Basic interest rate adjustments• Increase the basic interest rate from 4.05% to 4.23%.4. Dai Savings Rate (DSR) adjustments• Increase the Dai Savings Rate (DSR) from 3.80% to 3.98%.5. Enhanced Dai Savings Rate (EDSR)• The DSR utilization rate is still at level one, and the Enhanced Dai Savings Rate (EDSR) and effective DSR will remain at 5%.

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