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MakerDAO Mulls Expanding US Treasury Bond Investments to $1.25B

MakerDAO is considering raising the ceiling of its Treasury bond investments to $1.25 billion. A proposal was listed on March 6, stating that it would help take advantage of the current yield environment.

DeFi powerhouse MakerDAO is mulling whether to expand its United States Treasury bond investments to $1.25 billion. A new proposal was listed on March 6, calling for raising the ceiling from $500 million. The $750 million increase will see deployment through a 6-month U.S. Treasury ladder strategy with bi-weekly roll-over.

(By Rahul Nambiampurath)

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