MakerDAO proposes decreasing stability fee

MakerDAO proposes decreasing stability fee

MakerDAO’s Interim Risk Team has decided to initiate a proposal to reduce the stability fee from 19.5 per cent to 17.5 per cent. This is the eighth fee change in three months and the second in May 2019. MakerDAO has backtracked on their increase of fees carried out on May 3, 2019, after their plan to convince Collateralised Debt Position holders to close out their contracts backfired.

Timothy
Timothy
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