MakerDAO is considering allocating 600 million DAI to USDe
Decentralized finance (DeFi) project MakerDAO is considering distributing 600 million DAI to USDe and pledging USDe (sUSDe) through the DeFi lending protocol Morpho Labs. Both USDe and sUSDe are issued by stablecoin developer Ethena Labs. Seraphim Czecker, head of Ethena's growth, wrote on X that although it is currently in the proposal stage, if the MakerDAO community confirms this move, it will increase the total value locked in Ethena and meet internal expectations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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