According to PANews, MakerDAO has voted to approve a proposal to increase the stability fee for collateral assets such as ETH and WBTC, with the adjusted fee ranging from 15% to 17.25%. In addition, the SparkLend DAI borrowing annual interest rate will increase from 6.7% to 16%. The debt ceiling's PSM cooldown period will be reduced from 24 hours to 12 hours, increasing USDC deposits and DAI minting throughput. The DAI Savings Rate (DSR) will be raised to 15%, making holding DAI more attractive and boosting demand to alleviate downward price pressure.
The GSM pause delay will be reduced from 48 hours to 16 hours, allowing for faster implementation of future adjustments. These changes will be implemented in the Maker protocol on March 11th at 03:55 Beijing time.
