Dai's stable rate increased to 16.5%

MakerDAO officially announced today that Dai's stable rate has increased to 16.5%. The execution vote was passed on April 28, 2019 with a vote of 56971.62 MKR, and the new stable interest rate was automatically activated. The main reason for the implementation of this proposal is: Dai's high inventory; Dai's price is slightly less than 1 US dollar; the previous stable rate increase has limited impact on the system.