MakerDAO has passed the EDSR and stability fee adjustment proposal, DSR will be reduced from 8% to 5%

08/18 15:40

On August 18th, MakerDAO governance page shows that a series of adjustment proposals, including EDSR and stability fees, have been voted and approved. The proposals will be executed on August 20th, 2023 at 14:24 UTC. The main contents of the proposal include: DSR will be lowered according to EDSR, and after this proposal is passed, DSR will be reduced from 8% to 5%; the stability fees of ETH, wstETH, rETH, and other stablecoins will be increased; and the parameters of the intelligent burning engine will be updated.

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