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DOGE $0.0704 +0.35%
ADA $0.1709 +4.31%
BCH $218.45 +3.68%
LINK $8.46 +2.19%
HYPE $54.74 -0.26%
AAVE $99.90 +1.01%
SUI $0.6992 +2.31%
XLM $0.1723 +0.30%
ZEC $472.44 +1.75%

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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