MakerDAO Token Holders Vote About Whether to Raise DAI Stability Fee by 3%

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Another vote about whether to raise the so-called stability fee for Maker’s ethereum-based DAI decentralized stablecoin by 3% has started. Another vote about whether to raise the so-called stability fee for Maker’s ethereum (ETH)-based DAI decentralized stablecoin by 3% has started on the governance portal of the Decentralized Autonomous Organization (DAO) on April 19. MakerDAO, which issues the USD-pegged aforementioned algorithmic decentralized stablecoin, is seeking to improve the token’s peg by increasing the yearly stability fee. The stability fee is a charge levied by Maker participants when Dai is used for loans. In March, the DAO already raised the stability fee…
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MakerDAO Token Holders Vote About Whether to Raise DAI Stability Fee by 3%

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