Maker has voted to approve the proposal to allocate 600 million DAIs to USDe and sUSDe and has implemented it
2024-04-09 09:25:32
On April 9th, it was reported that MakerDAO has voted to approve a series of execution proposals, including the "Spark MetaMorpho Vault DDM Maximum Debt Cap" proposal. According to the proposal, the maximum debt ceiling of SparkMetaMorphoVaultDDM will be increased to 1 billion DAIs, with an initial allocation of 600 million DAIs. One proposal proposes to allocate up to 600 million DAIs to the USDe and its pledged version sUSDe pool (with priority given to the USDe pool). Afterwards, the SparkX platform posted that, following the increase of MakerDAO's debt ceiling to 1 billion DAIs, Spark has successfully allocated an additional 100 million DAIs to the USDe/DAI and sUSDe/DAI markets on Morpho Blue. According to the risk assessment by BA Labs, it is expected that Spark will limit the maximum amount allocated to 600 million DAIs based on its recommendations. Therefore, Spark proposes to allocate an additional 100 million DAIs.