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 […] source: https://coinedition.com/aave-chain-initiative-founder-faults-makerdaos-proposed-1b-allocation-via-morpho-labs/