Stability Fee increased for WSTETH-B
On Jan 28th, 2023, as part of the Maker Governance Cycle, MKR holders voted and approved different changes to the protocol. These changes are meant to be executed on Jan 30th, 2023. In particular, for Oasis.app user's interest, the Governance decided to change stability fees for WSTETH-B, increasing it to 0.25%.
What does this mean for you?
- WSTETH-B Stability Fee is now increased from 0% to 0.25%
The Stability Fee for WSTETH-B is not zero anymore. This means your vault will start accruing interest, and you should monitor how these fees impact your vault’s Collateralization Ratio and re-design your vault management strategy if needed; our Optimization and Protection features are available for your vault.
*Please note that the Maker Governance can at all times propose new rates for this product.
If you experience any issues with your Vault or have any questions regarding your Vault or Oasis.app in general, you can browse our Knowledge Base, or contact us at firstname.lastname@example.org or the Oasis Channel on Discord.
January 30, 2023