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MakerDAO Voted To Increase DAI Stable Con Stabilization Fee By 4% To 7.5%

Liang CHE

Summary: According to a poll conducted by the official decentralized autonomous organization MakerDAO, its users voted to increase the so-called stability fee of Maker's DAI stable currency by 4%. The company announced on Thursday that users voted in favor of raising the stability cost from 3.5% to 7.5%. The reason for this is that DAI's exchange ...

According to a poll conducted by the official decentralized autonomous organization MakerDAO, its users voted to increase the so-called stability fee of Maker's DAI stable currency by 4%. The company announced on Thursday that users voted in favor of raising the stability cost from 3.5% to 7.5%. The reason for this is that DAI's exchange price continues to be below US$1, and the market's inventory level is relatively high. The impact of the increase in fees previously passed is still insufficient.

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Link: MakerDAO Voted To Increase DAI Stable Con Stabilization Fee By 4% To 7.5%   [Copy]
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