MakerDAO increased the fee for the stability of the DAI to 7.5%

[Paha87]

Users of the decentralized Autonomous organization (DAO) MakerDAO (MKR) voted to raise the so-called stability fee for stablecoin Maker DAI (DAI) by 4%, in a survey conducted on March 21.

On Thursday, MakerDAO announced that users had voted for a proposal to increase the stability fee by 4%, from 3.5 to 7.5 percent. The reasons are that the DAI exchange rate remains below one dollar, the high level of stocks among market makers and trading desks, and the insufficient impact of the previous fee increase.

The owner of the MKR token can choose whether to increase the Commission by zero, two or four percent. However, the voting page explains that "the absence of any significant leveling of about $ 1 indicates the need for stronger incentives" than a 2% increase.

Finally, the report acknowledges that the 4% increase is "the largest one-time increase, and there is a risk of revaluation of the token. Of course, the right stability fee could still be 7.5% or higher." MakerDAO the marker MKR that provides the right to vote, currently ranked the 16th largest cryptocurrencies on CoinMarketCap.

It is worth noting among the latest news on the topic that the senior consultant on digital assets of the securities and exchange Commission of the United States (SEC) Valeria Schepanik noted that stablecoin may experience problems in accordance with the current legislation on securities.

Link - https://altstake.io/news/makerdao-povysili-platuza-stabilynosty-dai-do-75