MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds

MakerDAO is currently voting on a proposal aimed at helping it weather the bear market and utilize untapped reserves by investing 500 million Dai stablecoins into a combination of US treasuries and bonds. Following a straw poll in a governance ‘Signal Request,’ the decentralized autonomous organization (DAO) members now must decide whether the dormant DAI … Read more