DeFi

USDe

Ethena

Reported by The Block, MakerDAO, a decentralized finance (DeFi) project, is considering allocating 600 million DAI into USDe and staked USDe (sUSDe) via the DeFi lending protocol Morpho Labs.
Both USDe and sUSDe are issued from the stablecoin developer Ethena Labs. Though currently in a proposal state, should the MakerDAO community confirm the move, it would put Ethena total value locked growth "on track with internal expectations," <a rel="noopener noreferrer nofollow" target="_blank" href="https://twitter.com/MacroMate8/status/1774860464855351537?t=4osPUjI8-XQAo2yQg6t_Pg&amp;s=19">wrote</a> Ethena Head of Growth Seraphim Czecker on X.
"Using the lowest of the above thresholds yields 600 million maximum recommended exposure to USDe," according to the <a rel="noopener noreferrer nofollow" target="_blank" href="https://forum.makerdao.com/t/morpho-spark-dai-vault-update-1-april-2024/24006">proposal</a>. "This will scale up gradually as Ethena grows, but for the time being we believe it is prudent to cap total allocation at this level."

MakerDAO Proposes to Allocate 600M $DAI to Ethena's USDe

TokenInsight

Weitere Artikel, die am 2. Apr. 2024 veröffentlicht wurden

Koala Coin (KLC) vs Binance Coin (BNB) and Ethereum (ETH) Embrace the Cuddly Investment Option in...

Ethereum Faces Critical Price Movements

Gomble Games Raises $10M for Boosting Web3 Gaming Vision

Stader Labs Launches First-of-its-kind SD Utility Pool: Rewarding Hodlers for Contributing to ETH...

Price Predictions For Cardano And LUNC: Investors Go For Jackpot-Sized Profits On $RECQ Presale

ProBit Global Expands Access to Quality IEOs and Cryptocurrency Trading with User-Friendly Features

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!