MakerDAO voting to increase Stability Fees to 16%+, DSR to 15%

Wow, does this mean someone can make 15% by just holding DAI? Why is that value so high?

Highlights from [1]:

- temporary measure to secure the peg

- contraction in DAI demand

- increased DAI generation and selling by borrowers

- Total DAI supply has dropped by 600M USD within a week

- „DAI is over-collateralized. However, due to the nature of the RWA vehicles, the redemption is currently capped in relation to crypto collateral.“

- DAI Savings Rate increase is to make holding DAI more attractive

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