$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield.
MakerDAO goes ahead with $500M investment in treasuries and bonds
- Post author:MiamiCrypto
- Post published:October 7, 2022
- Post category:BlackRock / DAI / dao / Maker Protocol / makerdao / MKR / safe haven investments / Stablecoin / t-bills / us treasuries