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Maker Stability Fee Increase May Boost MKR Price

MakerDAO has casually reintroduced stability fees for the ~$900M worth of DAI now in circulation. Maker’s MKR holders voted to raise the protocol’s stability fee – similar to interest rates for Dai borrowers –  to 2% for ETH collateral from 0%, the highest since January. The reintroduction of stability fees sets Maker on track to…
By: Cooper Turley •
Maker Stability Fee Increase May Boost MKR Price

MakerDAO has casually reintroduced stability fees for the ~$900M worth of DAI now in circulation. Maker’s MKR holders voted to raise the protocol’s stability fee – similar to interest rates for Dai borrowers –  to 2% for ETH collateral from 0%, the highest since January. The reintroduction of stability fees sets Maker on track to…

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