The MakerDAO project is voting to significantly reduce the stability fee

The MakerDAO project is in the process of voting to significantly reduce the stability fee. The vote will end on Wednesday, when a stable fee will be chosen between 5.5% and 13.5%. On Friday, MKR holders will hold an executive vote to approve the stabilization fee chosen for the broader governance vote. The stabilization fee is designed to reduce the volatility of the DAI stable currency and continue the MRK decentralized financial system without causing liquidation or withdrawals.