$500 million of the funds currently collateralizing the Dai stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield.
how comme news is dummb aabout this
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stablecoin Issuer MakerDAO Allocates $500M for Treasuries, Corporate Bond InvestmentIn a move aimed at limiting exposure to any one asset, the MakerDAO community has voted to allocate $500m into U.S. treasuries and corporate bonds. By amitoj MakerDAO amitoj So , a decentralized worldwide organization is investing in a single country ? !! What else ? When buy Tesla stocks or Gazprom ? Crypto is definitely less and less what it used to be !! MakerDAO amitoj Don't miss!TerraformIab this is a dream realizing no doubts MakerDAO amitoj They just couldn't secure on Physical Gold, that had to use debt in reset times. To respect Gold, would apparently mean to 'admit defeat' in crypto? TheCryptoSniper
Source: CoinDesk - 🏆 291. / 63 Read more »
MakerDAO initiates $500 million investment in US treasuries, corporate bondsMakerDAO said it has initiated $500 million investment in traditional assets using its reserves. Longs MakerDAO $MKR Bullish on yield composability TerraformIab coin received 1,500,000 lunc in binance
Source: TheBlock__ - 🏆 464. / 53 Read more »
MakerDAO initiates $500 million investment in US treasuries, corporate bonds⬆ +12 MakerDAO initiates $500 million investment in US treasuries, corporate bonds $DAI cryptocurrency
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
China finance ministry to issue an extra 5.5 bln yuan of treasury bonds in Hong KongChina's finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on Oct. 12. Torunlarının çekeceği var. Tahvil ekonomik bir zulümdür. Politikacılar bununla hizmet yapmış görünürken; ceremesini halk ve gelecek nesiller çeker.
Source: Reuters - 🏆 2. / 97 Read more »