Generative Data Intelligence

Tag: Monetalis

Polkadot’s Web3 Foundation To Invest $1M In On-Chain Treasuries

The Web3 Foundation, the organization behind the Polkadot network, is the latest crypto development team to invest treasury assets into real-world assets.On Nov. 29,...

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The Crypto Roundup: 22 June 2023 | CryptoCompare.com

Popular decentralized finance protocol MakerDAO, the project behind the cryptocurrency-backed stablecoin DAI, has bought an additional $700 million worth of U.S. Treasurys, bringing the...

USDC Backing Maker’s Stablecoin DAI Plummets to 23% – Decrypt

The market’s largest decentralized stablecoin got a minor decentralization boost.At press time, the amount of Circle’s USDC stablecoin backing MakerDAO’s DAI has hit 23.6%....

MakerDAO Increases US Treasury Bond Holdings by 150%

MakerDAO, a lending protocol and stablecoin issuer, has voted in favor of a proposal to expand the amount of United States Government bonds held...

MakerDAO Mulls Proposal to Allocate $750 Million More to US Treasuries

DeFi giant MakerDAO’s community is mulling a proposal that would generate an additional $33.75 million in revenue per year.In a recent proposal on Maker’s...

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...

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