• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

MakerDAO proposes to purchase an added $750 million in US bonds

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

MakerDAO: The decentralized autonomous organization behind the DAI stablecoin invested $500 million investing in US bonds.

MakerDAO proposes to purchase an added $750 million in US bonds

MakerDAO is considering it set aside an added $750 million in brief-phrase payments and investment-grade corporate bonds to get benefit of favorable curiosity prices.

Related articles

Hong Kong cryptocurrency exchange Hounax scammed users out of $15.4 million

Hong Kong cryptocurrency exchange Hounax scammed consumers out of $15.four million

November 27, 2023
Binance Labs invests $3.15 million in Open Campus, EDU builds columns

Binance Labs invests $three.15 million in Open Campus, EDU builds columns

November 27, 2023

MakerDAO is thinking about a proposal to broaden its existing US Treasury bond investments from $500 million to $one.25 billion. pic.twitter.com/DZj72oTJvP

— Creator (@MakerDAO) March 7, 2023

If authorized, this will be the organization’s 2nd capital launch in the classic finance sector, in addition to $500 million preliminary allocation (October 2022)bringing the complete investment to $one.25 billion. As Cointelegraph reported, the DAO previously partnered with personal loan provider Monetalis, serving as powerful legal and asset advisor to Maker in its publicity to classic assets.

The new proposal would call for the DAO to total its investment in US Treasuries inside of 6 months applying a bond laddering method, reinvesting every single two weeks. In a nutshell, it is a fixed earnings portfolio management model in which you purchase many bonds, every with distinct maturities, in buy to be in a position to react swiftly to stock industry curiosity price swings. This method will give Maker the versatility to switch to other investment versions as necessary.

MakerDAO founded DAI in 2017 as a decentralized stablecoin backed by Ethereum (ETH) and other collateral cryptocurrencies. Over the previous 12 months, MakerDAO has transitioned to a method of diversifying its treasury into true-globe assets (RWA).

The preliminary allocation of $500 million in US bonds is meant to enable stabilize the DAI at a time of overcollateralisation. However, stablecoins in standard had been impacted by the collapse of the UST Terra ecosystem in May 2022.

Allan Pederson, CEO of DeFi wealth management unit Monetails, mentioned:

“After looking at various highly liquid money market options, we found that the simple solution was to increase the number of US Treasuries for approximately 6 months with two-week maturities at a time. times is a powerful, flexible and efficient solution for Maker.”

Mr. Allan also mentioned that the over method will get benefit of the reduced price, tax efficiency and inherent liquidity of Treasuries by way of maturity.

On the other hand, Maker hopes to see a BlockTower counterpart quickly adopt a comparable attribution construction. Monetails has made available to make this allocation promptly to get benefit of existing curiosity prices. However, Monetails will not be acting as an asset manager or investment advisor to MakerDAO this time about. Instead, the investment method will be managed by Sygnum Bank.

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: additionalbondsBuyMakerDAOmillionProposes
Share76Tweet47

Related Posts

X Launches XChat with Bitcoin-Style Encryption

by shark
June 2, 2025
0

Elon Musk unveils XChat with Bitcoin-style encryption, enhancing X's secure messaging features, signaling a shift in platform dynamics.

Tron (TRX) Shows Stability Amid VaR and Beta Decrease

by shark
June 2, 2025
0

Tron (TRX) shows signs of market recovery with reduced VaR and Beta, suggesting increased stability and lower risk for investors.

Bitcoin Price Surges as Institutional Interest Peaks

by shark
June 2, 2025
0

Analysis of the potential impacts of the legal decision on President Trump's Liberation Day tariffs and their ramifications on the...

IMF Seeks Clarification on Pakistan’s 2,000MW Bitcoin Mining Plan

by shark
June 2, 2025
0

IMF questions Pakistan's 2,000MW power allocation for Bitcoin mining amid negotiations.

Whale Accumulation and Bitcoin Demand Surge: Overheating Risks

by shark
June 2, 2025
0

Bitcoin whales increase holdings as demand spikes, raising concerns of market overheating risk.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • X Launches XChat with Bitcoin-Style Encryption
  • Tron (TRX) Shows Stability Amid VaR and Beta Decrease
  • Bitcoin Price Surges as Institutional Interest Peaks
  • IMF Seeks Clarification on Pakistan’s 2,000MW Bitcoin Mining Plan
  • BONK and ARB Price Signals and Why UNSD Could Lead in 2025
  • Whale Accumulation and Bitcoin Demand Surge: Overheating Risks
  • Treasury Secretary Bessent Reaffirms Rejection of U.S. CBDC
  • SEC’s Peirce Declares Memecoins Beyond Regulatory Protection
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7