The stability fee was never meant to be a profit center: it's intended to generate the minimum interest to cover protocol fees.
22 Mar 2023, 22:50
The stability fee was never meant to be a profit center: it's intended to generate the minimum interest to cover protocol fees. The fee accrues block by block and at an annual rate. They're paid to the protocol when a user closes a SAFE or is liquidated
Check out one of our latest forum posts on reducing the stability fee from 2% to 0.5%
The stability fee is the cost associated with opening and maintaining a RAI safe.