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Maker has voted to approve the proposal to allocate 600 million DAI to USDe and sUSDe and has implemented it

Maker has voted to approve the proposal to allocate 600 million DAI to USDe and sUSDe and has implemented it

CointimeCointime2024/04/09 01:43
By:Cointime

MakerDAO voted to approve a series of implementation proposals, including the "Spark MetaMorpho Vault DDM Maximum Debt Ceiling" proposal. According to the proposal, the maximum debt ceiling for SparkMetaMorphoVaultDDM will increase to 1 billion DAI, with an initial allocation of 600 million DAI. One proposal aims to allocate up to 600 million DAI to the USDe and its collateralized version sUSDe pool (with priority given to the USDe pool). Later, the SparkX platform announced that after MakerDAO's debt ceiling was increased to 1 billion DAI, Spark successfully allocated an additional 100 million DAI to the USDe/DAI and sUSDe/DAI markets on Morpho Blue. According to BA Labs' risk assessment, Spark is expected to limit the maximum amount of allocation based on its proposal to 600 million DAI. Therefore, Spark proposed to redistribute another 100 million DAI.

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