MakerDAO has voted to approve proposals to increase the stability rate of mortgage assets such as ETH and WBTC vaults, among other changes. The adjusted stability rate range is from 15% to 17.25%. details as follows:
-ETH-A stable rate adjusted to 15.25%;
-ETH-B stable rate adjusted to 15.75%;
-ETH-C stable rate adjusted to 15%;
-WSTETH-A stable rate adjusted to 16.25%;
-WSTETH-B stable rate adjusted to 16%;
-WBTC-A stable rate adjusted to 16.75%;
-WBTC-B stable rate adjusted to 17.25%;
-WBTC-C stable rate adjusted to 16.5%.
In addition, the annual interest rate for SparkLend DAI borrowing will increase from 6.7% to 16%;
The PSM cooling-off period for debt ceiling increases will be shortened from 24 hours to 12 hours, thereby increasing USDC deposits and DAI minting throughput;
The DSR will be increased to 15% to make holding DAI more attractive, boosting demand and easing downward pressure on prices;
The GSM pause delay will be reduced from 48 hours to 16 hours to allow for faster implementation of future adjustments.
The above changes will be implemented in the Maker protocol at 19:55 UTC on March 10.