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ETH $2,462.96 +2.00%
BNB $698.70 +1.46%
XRP $1.48 +0.57%
SOL $94.73 +1.40%
TRX $0.3437 +0.28%
DOGE $0.0913 +0.12%
ADA $0.2200 -0.15%
BCH $270.42 -0.18%
LINK $11.58 +1.69%
HYPE $78.55 -0.63%
AAVE $137.96 +10.56%
SUI $0.8196 +2.34%
XLM $0.1944 +0.83%
ZEC $831.18 +3.31%

Maker: 50 million DAI has been allocated to the sUSDe/DAI 86% LLTV vault

2024-05-23 22:23:56

ChainCatcher message, Maker stated on social media that 50 million DAI has been allocated from the Spark MetaMorpho DAI vault to the sUSDe/DAI 86% LLTV vault.

It is reported that this update has raised the debt ceiling of the Spark Morpho Direct Deposit Module (DDM) to a historic high of 450 million DAI.

Currently, this core vault engine contributes approximately 49 million dollars in annualized revenue to the Maker protocol.

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