# Sky risk advisor proposes an 8 bp SSR cut and 100 bp Core Vault fee increases

> A concrete rate proposal entered the Sky parameter process and would change both saver yield and borrower costs if executed.

- URL: https://riadefi.com/on-chain/2026-07-23-sky-july-2026-ssr-and-core-vault-fee-proposal/
- Type: Economic change
- Stage: Proposed
- Evidence: confirmed
- Materiality: material
- Event date: 2026-07-23
- Version: 1, published 2026-08-22 (first published 2026-08-22)
- Follow-up: 2026-08-03
- Advisor-relevant: no
- Affects: Sky (protocol)

## What happened

BA Labs reported recommending an 8-basis-point reduction in the Sky Savings Rate and one-percentage-point increases in Core Vault stability fees following consultation with the Core Council.

## What changed

A concrete rate proposal entered the Sky parameter process and would change both saver yield and borrower costs if executed.

## What did not change

The monthly report does not itself prove the poll, BEAM action, or executive execution; no operative rate is inferred from the recommendation.

## Confirmed

- The recommended SSR reduction was 0.08 percentage points.
- The recommended Core Vault stability-fee increase was 1 percentage point.
- BA Labs estimated the combined changes could increase annual USDS profit by approximately 8.51 million USDS.

## Still open

- Whether the recommendation was approved and executed.
- The exact effective timestamp and resulting live SSR and vault fees.

## What it means for an advisor

- Verify live rate state and update Sky yield assumptions if the recommendation became operative.
- Review client-facing yield materials so a proposed rate is not presented as current.

## Sources

1. [Risk Month in Review: July 2026](https://forum.skyeco.com/t/risk-month-in-review-july-2026/28128) · Sky / BA Labs · 2026-07-31


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.