Sky launches executive vote to raise savings rate to 12.5%
Sky has announced that it has initiated a vote on the X platform. If passed, the proposed changes to the Sky protocol will take effect within 30 hours of approval by the Sky ecosystem governance committee, with the following impacts on users:
- Changes in savings interest rates
• Sky savings interest rate (SSR) will increase to 12.5%, and Dai savings interest rate (DSR) will increase to 11.5%.
- Update of stable fee parameters
• ETH stable fee will increase: ETH-A will increase to 12.75%, ETH-B will increase to 13.25%, and ETH-C will increase to 12.5%.
• WSTETH stable fee will increase: WSTETH-A will increase to 13.75%, and WSTETH-B will increase to 13.5%.
• WBTC stable fee will increase: WBTC-A will increase to 16.25%, WBTC-B will increase to 16.75%, and WBTC-C will increase to 16%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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