“Polygon wants to send $1.3 billion to work: it’s time to stop just lying on the bridge!” 💸🌉
📌 Here comes the news boost: so we are waiting for a quick pump 🚀
On this very bridge 🌉 lie $1.3 billion in stablecoins (DAI, USDC, USDT). Instead of just gathering dust, the money could generate $70 million a year! 💰
What do they propose?
💡 To direct tokens into special “piggy banks” 🏦 (so-called ERC-4626):
• Send DAI to sUSDS from Maker,
• Send USDC and USDT to Morpho.
The goal is to stimulate activity in the Polygon PoS ecosystem and on the AggLayer platform. 🚀
Managing risks will be entrusted to Allez Labs (let them keep an eye on the money!). 👀 The discussion of the proposal will take place on forums and the Polygon Governance Council. 🗣️