MakerDAO vault rates and DSR are going to change.

Borrowing DAI from ETH > 15%
DSR -> 15%

Wow ..

source:

MakerDAO vault rates and DSR are going to change.

Borrowing DAI from ETH > 15%
DSR -> 15%

Wow ..

source: https://forum.makerdao.com/t/accelerated-proposal-rate-system-gsm-delay-psm-usdc-a-ttl-changes/23824

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| The issue lies in the liquidity crunch inherent in the exposure towards stablecoins

So to avoid a liquidity crunch they are making it more expensive to create liquidity.

This makes sense. /s

Read the linked post to understand. It's an emergency measure to stabilizy DAI supply (and thus price)