TechFlow News — MakerDAO, the organization behind the $DAI stablecoin, is seeking to invest an additional $750 million in U.S. Treasury bonds to take advantage of the current high-yield environment. MakerDAO previously invested $500 million in U.S. Treasuries in October last year. If approved, its total investment in U.S. Treasuries would reach $1.25 billion.
The plan involves investing in six-month U.S. Treasury bills using a biweekly rolling ladder strategy, which staggers maturities evenly throughout the investment period. This ladder strategy is considered flexible and cost-effective, allowing adjustments when necessary.
Allan Pederson, CEO of Monetails, a decentralized finance (DeFi) asset management firm, praised the strategy, highlighting its low cost, tax efficiency, and inherent liquidity.
Before final approval, the proposal will be reviewed by the MakerDAO community.
Currently, $DAI's collateral consists of 38.5% $USDC, 11.7% $ETH, and 9.6% real-world assets (including U.S. Treasury bonds).Source link
