Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has put forth a proposal urging the MakerDAO community to consider allocating up to $100 million from its reserves for investment in tokenized US Treasury Bill (T-Bill) products.
The proposal, currently in the discussion phase, aims to explore new avenues for financial innovation within the decentralized finance (DeFi) ecosystem.
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MakerDAO, renowned as the issuer of the DAI decentralized stablecoin, has already made significant investments in US Treasuries through off-chain structures since 2022, amounting to over a billion dollars.
By venturing into tokenized T-Bills, MakerDAO seeks to bolster its balance sheet by gaining exposure to low-risk, liquid traditional assets. This move aligns
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