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XRP $1.38 -0.11%
SOL $85.21 +0.55%
TRX $0.3562 +0.16%
DOGE $0.1049 +0.62%
ADA $0.2513 +0.66%
BCH $379.36 +4.17%
LINK $9.74 +2.88%
HYPE $47.71 +5.05%
AAVE $89.08 +0.75%
SUI $1.07 +3.78%
XLM $0.1469 -0.55%
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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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