# Kolibri Governance Proposal #6 - Continuous Increase of the Stability Fee to Reach Peg

**URL:** https://forum.tezosagora.org/t/kolibri-governance-proposal-6-continuous-increase-of-the-stability-fee-to-reach-peg/2851
**Category:** Project Updates
**Created:** [March 8, 2021, 11:02pm UTC](https://forum.tezosagora.org/t/kolibri-governance-proposal-6-continuous-increase-of-the-stability-fee-to-reach-peg/2851 "2021-03-08T23:02:06Z")
**Posts on this page:** 1
**Showing post:** 14

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### Author: ![keefertaylor](https://forum.tezosagora.org/user_avatar/forum.tezosagora.org/keefertaylor/32/486_2.png) [@keefertaylor](https://forum.tezosagora.org/u/keefertaylor)
#### Post date: [March 11, 2021, 8:30pm UTC](https://forum.tezosagora.org/t/kolibri-governance-proposal-6-continuous-increase-of-the-stability-fee-to-reach-peg/2851/14 "2021-03-11T20:30:52Z")

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The EMA10 of kUSD is 11.82 (-9.01%) since the last stability fee adjustment.

The Hover Labs Team is preparing signatures to continue to carry out proposal 6 by increasing the the stability fee an additional 1% to 5.5%. We plan to inject this 48 hours after the initial request, on or after March 11 23:45GMT.

We will update this thread when the change has been submitted to the timelock.

Publicly viewable EMA10 data is available here:  
[https://p.datadoghq.com/sb/e72980047-41e546b0c453a72015620c4d8002646b?from\_ts=1614802054474&live=true&to\_ts=1615406854474&tpl\_var\_network=mainnet](https://p.datadoghq.com/sb/e72980047-41e546b0c453a72015620c4d8002646b?from_ts=1614802054474&live=true&to_ts=1615406854474&tpl_var_network=mainnet)

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