What Happened on Mar. 8th | MakerDAO will Earn Massive Income from Investment in Treasuries
The proposal is an extension of the $500 million investment made in October last year, and if approved, the total investment in US Treasuries would be $1.25 billion. The DAO plans to invest in six-month US Treasuries, using a ladder strategy with a biweekly rollover, allowing for equal maturities over the investment period.
With US 6-month treasuries yielding 5.27%, MakerDAO will earn more than $65 million in interest income per year. Furthermore, unlike other profitable protocols such as Ethereum or Uniswap, where they need to pay PoS stakers or Liquidy providers, this income belongs entirely to MakerDAO's treasury.
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