MakerDAO Allocated 500 Million DAI to Invest in U.S. Treasuries and Corporate Bonds

According to CoinDesk, MakerDAO has allocated 500 million DAI to invest in short-term U.S. Treasury bonds and corporate bonds, of which 80% will buy short-term U.S. Treasury bonds and the remaining 20% will buy investment-grade corporate bonds. Foresight News previously reported that MakerDAO’s MIP65 public opinion proposal on how to allocate 500 million DAI ended voting, and the option of “purchasing 80% of the 500 million DAI in U.S. short-term treasury bonds and 20% in IG Corp bonds” won.