RWA assets stand as the leading breadwinner for MakerDAO.
Stablecoin issuer and decentralized finance protocol MakerDAO has added $100 million worth of Real-World Assets via BlockTower Andromeda over the last two days. These funds were predominantly allocated to short-term US Treasury bonds offering an attractive annual yield of 4.5%.
The main aim is to diversify the assets backing the $5.3 billion dollar-pegged stablecoin by ramping up the role of traditional financial assets such as government bonds in the reserve. The move has helped MakerDAO despite a slowdown in the broader DeFi ecosystem. The protocol’s annualized revenue, for one, is nearing $150 million, a substantial portion of which is derived from RWAs. In fact, data from DeFiLlama
For the uninitiated, RWAs offer a means for traditional asset managers to tokenize their portfolios. Asby Delphi Digital analyst Ashwath, their true value lies in their ability to leverage protocols like Maker for liquidity against these RWAs, thereby providing asset managers with an additional avenue to secure credit.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Decentralized stablecoins could dominate crypto: MakerDAO founderRune Christensen, the founder of DeFi pioneer MakerDAO, said that decentralized stablecoins would be dominant if crypto lives up to its full potential.
続きを読む »
Review: 'Dumb Money,' the inevitable GameStop surge movie, injects laughs into a class warStarring Paul Dano as the likable, unassuming basement trader Keith Gill, director Craig Gillespie's comedy turns a pandemic craze into a populist showdown.
続きを読む »
Thailand's KBank Starts $100m Fund Targeting AI and Web3The KXVC fund hopes to become a regional gateway to help global founders in the APAC region.
続きを読む »
‘Taylor Swift: The Eras Tour’ Concert Pic Now Seeing $65M+ Presales; $100M Opening Within ReasonEXCLUSIVE: Sources tell us that advance tickets sales for the Taylor Swift: Eras Tour concert movie have reached $65M-plus. That’s a figure comprised of the top three U.S. circuits –AMC…
続きを読む »
Taylor Swift Concert Movie Presales Beating Major DC & MCU Movies, Opening Could Hit $100MMCU and DC fans are no match for the Swifties.
続きを読む »
Thailand's KBank Launches $100M Fund for AI, Web3, Deep Tech StartupsThe new fund will focus on AI, Web3, and deep tech startups that align with the financial sector and serve the needs of consumer, corporate, and small and medium-sized enterprises.
続きを読む »