Another $100M of DAI from Maker has been supplied to USDe/DAI and sUSDE/DAI markets on Morpho Blue.

A total of $300M DAI from Maker is now allocated through Spark's MetaMorpho vault.

The increase follows the market absorbing the existing $200M of DAI liquidity with…

Following the recent debt ceiling increase, Spark has allocated an additional 100 million DAI to the sUSDe/DAI and USDe/DAI markets on Morpho Blue

The Stability Scope Advisory Council of MakerDAO will continue to monitor borrower behavior and market conditions. Further…

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An additional 100M DAI has been supplied to the Morpho Spark DAI Vault, reaching 300M DAI in total allocations.

Below, we cover:

1. The reasoning behind the increase
2. Excerpts from our new risk assessment
3. New vault allocation parameters
4. New allocation framework

Spark's DAI MetaMorpho vault allows users to leverage Maker's liquidity to increase their exposure to sUSDe and USDe markets.

Leading DeFi frontends have integrated this strategy, offering users the opportunity to take advantage of it.

Let's delve into each of them!
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After 24 hours, ~90% of the additional 100 million DAI has already been used.

After the debt ceiling increase, Spark has allocated an extra 100 million DAI and is contemplating an additional 100 million to their sUSDe/DAI and USDe/DAI markets on Morpho Blue.

MakerDAO’s Stability Scope Advisory Council will evaluate borrower behavior and will only proceed…

An additional 100M DAI from Maker has been allocated to USDe/DAI and sUSDe/DAI markets on Morpho Blue.

This follows Maker's successful proposal to increase Spark's MetaMorpho Vault DDM Maximum Debt Ceiling from 100M to 1B DAI.

The deployment of new DAI debt will…

Spark has successfully allocated an additional 100 million DAI to our USDe/DAI and sUSDe/DAI markets on Morpho Blue, following MakerDAO’s Debt Ceiling increase to 1 billion DAI.

Spark is expected to allocate more liquidity based on BA Labs’ risk assessment, which recommends…

The latest Executive Vote has been approved.
↓
vote.makerdao.com/executive/temp…

The changes detailed below have been executed within the Maker Protocol on April 8th, 2024, at 09:38 UTC.

🕐 Governance Pause Delay (GSM) Increase

• The Governance Pause Delay (GSM) has been increased…

DAI supply is back at 5 billion.

A new Executive Vote is live in the Maker Governance portal.

🗳
vote.makerdao.com/executive/temp…

MKR holders and delegates can use their voting power to deploy the changes listed below if they support them.

If this executive proposal passes, the following actions will occur within the…

Last week, we announced our D3M debt ceiling with Maker has increased from 1.5 billion to 2.5 billion DAI.

This means more liquidity, better rates, and enhanced flexibility for all our users, at scale.

But what makes this possible?

Let's dive in!
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Morpho Blue was designed to be a foundational layer of DeFi.

Last week's integration with Maker, Spark, and Ethena Labs helps cement this.

Ethena Labs x Maker x Spark x Morpho Labs 🦋

Almost 90% of the liquidity has already been taken in just a few hours.