$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
Related posts
ETHZilla moves into onchain housing finance with 15% Zippy acquisition
The Future of Secure Messaging: Why Decentralization Matters
Ether supply squeeze looms with exchanges holding lowest levels since 2015
BitMine buys $199M in Ether as smart money traders bet on ETH decline
Exclusive data from EigenPhi reveals that sandwich attacks on Ethereum have waned
