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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.
“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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