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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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