MakerDAO community backs plan to deposit $100 million into Yearn Finance

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MakerDAO community backs plan to deposit $100 million into Yearn Finance
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MakerDAO community has supported a decision to deposit $100 million of USDC stablecoin into a Yearn Finance vault.

  • 📰 TheBlock__
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TheBlock__ /  🏆 464. in KR
 

even non-project coins are more reliable than you, scammer mkr

It's clear the DeFi space has no shortage of opportunities for making big moves, but with huge rewards come huge risks. Will this be their ultimate undoing, or will it payoff? I think it's time to get critical and ask the tough questions...

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MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn FinanceMakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn FinanceThe decision opens the way for MakerDAO to earn an estimated 2% annual yield by depositing circle’s $USDC from its reserve system onto a iearnfinance vault. sndr_krisztian reports MakerDAO circle iearnfinance sndr_krisztian Totally safe, risk free yield MakerDAO circle iearnfinance sndr_krisztian MakerDAO just giving money away anywhere including Shitcoin $cfg centrifuge MakerDAO circle iearnfinance sndr_krisztian Total lost of confidence in makerdao
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