As we approach Launch Season, a new proposal sets the stage for the initial release of Endgame improvements.
The proposal includes various suggestions, including a potential deployment of a Direct Deposit Module (D3M) that would inject Dai liquidity into Morpho's sUSDe/DAI and USDe/DAI markets.
Proposal highlights
• Activating hedged Perpetual exposure strategies: Introduction of hedged perpetual (cash and carry) strategies to leverage bull market opportunities, managed by Spark post-launch, promising a safer and more profitable yield generation mechanism.
• Direct Deposit Module (D3M) to Morpho’s sUSDe/DAI markets through SparkDAO: The proposal suggests deploying a D3M, facilitating a direct link between Maker and SparkDAO's MetaMorpho vault and ensuring an efficient flow of Dai into the sUSDe/DAI markets. This module optimizes security and financial efficiency.
• New strategic opportunities: Leveraging the dynamics between sUSDe APYs and Dai borrowing rates, this strategy is designed to introduce advanced leveraging strategies, potentially redefining the financial landscape.
• Increased USDC Reserves: Strengthening the system's robustness by raising the USDC reserve target, thereby enhancing the stability and liquidity of the Dai stablecoin.
Maker enables SubDAOs to link liquidity-provision opportunities, boosting DeFi product development at scale. This initiative seeks to reduce the cost of borrowing Dai, unlock new leverage possibilities, and improve overall financial efficiency.
For further details, please refer to the full proposal here:
https://t.co/jkxvmC56pF