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MakerDAO Adds UNI as Collateral, Reducing USD Stablecoin Stability Fee

Summary: MakerDAO has now passed an executive vote on renBTC and Uniswap token UNI as collateral. The vote also reduced the stability fee of USD stablecoins (USDC, TUSD, PAX, GUSD) from the original 4% to 0%, and increased the stability fee of YFI from 4% to 10%, and also revised the YFI-A parameter to increases the ...

MakerDAO has now passed an executive vote on renBTC and Uniswap token UNI as collateral. The vote also reduced the stability fee of USD stablecoins (USDC, TUSD, PAX, GUSD) from the original 4% to 0%, and increased the stability fee of YFI from 4% to 10%, and also revised the YFI-A parameter to increases the YFI-A debt ceiling from 20 million DAI to 30 million DAI.

By Amy Liu

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Link: MakerDAO Adds UNI as Collateral, Reducing USD Stablecoin Stability Fee   [Copy]
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