☝️ MakerDAO votes to increase fees 4% on Ethereum stablecoin DAI

MakerDAO ($MKR) token holders have overwhelmingly voted to bump up burner fees to 7.5%, a 4% raise. The fourth and largest raise to date, the fee hike is intended to bring stablecoin closer to the $1 peg. The executive vote had more participation than any other vote to date as well, pointing out largely held sentiment of DAI market saturation.