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MakerDAO, the DeFi protocol whose team is responsible for the creation of the DAI stablecoin, recently announced the completion of its acquisition of an extra $700 million worth of US Treasurys.
It now has a total bond allocation of $1.2 billion, the project noted in a press release.
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“Maker enhances the robustness of its platform and stablecoin while also generating new means of revenue to continue to attract participants to Maker and the wider DeFi ecosystem.”
https://blockworks.co/news/makerdao-acquires-more-us-treasurys?utm_term=Daily+Newsletter
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