TechFlow reports that Maker DAO has voted to approve multiple proposals, including raising the stability fees for collateral assets such as ETH and WBTC vaults. The adjusted stability fee range will be 15% to 17.25%.
The SparkLend DAI borrowing annual interest rate will increase from 6.7% to 16%;
The PSM debt ceiling cool-down period will be reduced from 24 hours to 12 hours, increasing USDC deposit and DAI minting throughput;
The DSR will be raised to 15% to make holding DAI more attractive, thereby boosting demand and alleviating downward price pressure;
The GSM pause delay will be reduced from 48 hours to 16 hours, enabling faster implementation of future adjustments.
These changes will take effect in the Maker protocol on March 10, 2024, at 19:55 UTC.
