ChainCatcher message, DeFi protocol Sky (formerly MakerDAO) tweeted that after executing the vote for approval, the following parameter changes will take effect on December 9 at 5:24 AM Beijing time. This includes an update to the savings rates: the Sky Savings Rate (SSR) will increase to 12.5%, and the DAI Savings Rate (DSR) will increase to 11.5%. Updates to the Stability Fee parameters: ETH-A will increase to 12.75%, ETH-B will increase to 13.25%, ETH-C will increase to 12.5%; WSTETH-A will increase to 13.75%, WSTETH-B will increase to 13.5%; WBTC-A will increase to 16.25%, WBTC-B will increase to 16.75%, WBTC-C will increase to 16%.

ChainCatcher message, Sky announced on the X platform that the execution voting has now started. If passed, the proposed changes to the Sky protocol will take effect 30 hours after approval by the Sky ecosystem governance committee. The impact on users is as follows:Changes in Savings RatesSky Savings Rate (SSR) will increase to 12.5%, Dai Savings Rate (DSR) will increase to 11.5%.Stable Fee Parameter UpdatesETH stable fees will increase: ETH-A will increase to 12.75%, ETH-B will increase to 13.25%, ETH-C will increase to 12.5%.WSTETH stable fees will increase: WSTETH-A will increase to 13.75%, WSTETH-B will increase to 13.5%.WBTC stable fees will increase: WBTC-A will increase to 16.25%, WBTC-B will increase to 16.75%, WBTC-C will increase to 16%.