CoinGape
2024-04-02 00:05:18

MakerDAO Eyes $600M DAI Investment in USDe and sUSDe

MakerDAO is reportedly considering a substantial investment of $600 million in DAI into USDe and staked USDe (sUSDe) via Morpho Labs’ DeFi lending protocol. This move is in line with the growth strategies of MakerDAO and extends the company’s activity in the cryptocurrency lending sector. MakerDAO Proposed Allocation and its Rationale The proposal under consideration The post MakerDAO Eyes $600M DAI Investment in USDe and sUSDe appeared first on CoinGape .

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