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ETH $1,810.74 +1.78%
BNB $588.71 +0.15%
XRP $1.13 +0.77%
SOL $82.52 +1.17%
TRX $0.3291 +0.31%
DOGE $0.0774 -0.14%
ADA $0.1852 -2.09%
BCH $246.93 +0.68%
LINK $8.06 +0.50%
HYPE $71.26 +0.72%
AAVE $95.37 +7.36%
SUI $0.7541 -0.79%
XLM $0.2018 -0.12%
ZEC $454.61 -1.57%

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

2024-05-23 22:23:56
Collection

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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