The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds.
More from Cointelegraph
Founders should consider VC firms their allies as they build in the bear market
Source Node: 1741398
Time Stamp: Nov 6, 2022
Iran to allow crypto payments for international trade: Report
Source Node: 1131936
Time Stamp: Jan 11, 2022
Klaytn death cross debut coincides with a 57% KLAY price pump
Source Node: 941305
Time Stamp: Jun 24, 2021
Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
Source Node: 1876767
Time Stamp: Aug 18, 2023
American Airlines partners with decentralized travel market Winding Tree
Source Node: 1113845
Time Stamp: Nov 16, 2021
Ukraine has received $37M in tracked crypto donations so far
Source Node: 1191889
Time Stamp: Feb 28, 2022
VORTECS™ Report: How this quant-style indicator foreshadowed Axie Infinity’s rally to a new ATH
Source Node: 1095552
Time Stamp: Oct 5, 2021
Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope
Source Node: 1577906
Time Stamp: Jul 15, 2022
Terra price gains 75% in February as $2.57B in LUNA tokens removed from supply
Source Node: 1193251
Time Stamp: Mar 1, 2022
Valkyrie aims for ETF linked to Bitcoin mining firms on Nasdaq
Source Node: 1155709
Time Stamp: Jan 26, 2022
Syndicate protocol helps create 450 new DAOs in just three weeks
Source Node: 1176878
Time Stamp: Feb 16, 2022
Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin
Source Node: 1182960
Time Stamp: Feb 22, 2022