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MakerDAO goes ahead with $500M investment in treasuries and bonds

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MakerDAO receives the go-ahead MKR holders to invest $500M in U.S. Treasuries and corporate bonds to collateralize its DAI stablecoin.

$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.

 

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