MakerDAO voted to approve the increase of stability fees for collateral assets such as ETH and WBTC in the treasury

MakerDAO has voted to approve multiple proposals for changes, including raising the stability fees of collateral assets such as ETH and WBTC. The adjusted range for stability fees is from 15% to 17.25%. Specific adjustments are as follows: ETH-A stability fee adjusted to 15.25%; ETH-B stability fee adjusted to 15.75%; ETH-C stability fee adjusted to 15%; WSTETH-A stability fee adjusted to 16.25%; WSTETH-B stability fee adjusted to 16%; WBTC-A stability fee adjusted to 16.75%; WBTC-B stability fee adjusted to 17.25%; WBTC-C stability fee adjusted to 16.5%. In addition, the SparkLend DAI borrowing annual interest rate will increase from 6.7% to 16%; the cooldown period for increasing debt ceiling in PSM will be shortened from 24 hours to12 hours, thereby increasing USDC deposits and DAI minting throughput; DSR will be raisedto15%to make holding DAI more attractive, boosting demand and alleviating downward price pressure; GSM delay pause will be reduced from48 hoursto16hoursfor faster implementation of future adjustments.These changeswill beimplementedinthe Maker Protocol on March10th at19:55 UTC time.