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Coin Edition 2024-04-03 09:51:25

Aave Chain Initiative Founder Faults MakerDAO’s Proposed $1B Allocation Via Morpho Labs

According to Seraphim, Ethena Labs’ Head of Growth, MakerDAO is considering allocating up to $600 million DAI into sUSDe and USDe via Morpho Labs vault. Citing a post on the MakerDAO forum, Seraphim noted that the allocation could go up to $1 billion, with the Ethena TVL growth on track with internal expectations. In the The post Aave Chain Initiative Founder Faults MakerDAO’s Proposed $1B Allocation Via Morpho Labs appeared first on Coin Edition .

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