DeFi Platform MakerDAO Weighs Ditching $390M of GUSD Stablecoin from DAI Reserve



Gemini – the crypto change based and run by Tyler and Cameron Winklevoss and the issuer of GUSD – pays a 2% annual reward to MakerDAO for utilizing the token as a reserve asset. The proposal, nonetheless, argued that the platform may take pleasure in higher income alternatives, for instance by investing in short-term U.S. Treasuries, which presently supply a couple of 5% yield.

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