USD Coin

    MakerDAO Approves Preliminary Proposal To Park $100 Million USDC In Yearn Finance Vault

    MakerDAO Approves Preliminary Proposal To Park $100 Million USDC In Yearn Finance Vault

    Summary: The MakerDAO proposal to earn yield from a Yearn Finance vault was backed by the governance community. Yearn Finance’s special investment vehicle or vault has a cap of $100 million. The USD Coin treasury allocation from Dai’s developer will earn a 2% annual yield if approved by an executive vote. …
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