MakerDAO has allocated 500 million DAI, with 80% used to purchase U.S. Treasury bonds and 20% used to purchase corporate bonds

According to Chain Catcher news and CoinDesk reports, the stablecoin issuer MakerDAO has allocated 500 million DAI for investment in U.S. short-term Treasury bonds and corporate bonds, with 80% going to purchase U.S. short-term Treasury bonds and the remaining 20% to investment-grade corporate bonds.

Chain Catcher previously reported that MakerDAO announced several proposals regarding the diversification of MakerDAO's income on Twitter in recent months, among which the MIP65 proposal related to the liquidity bond strategy and execution passed with a voting rate of 71.19%. This proposal aims to add a Maker Vault for real-world assets (RWA) with a debt ceiling of 500 million DAI, which will acquire USDC through PSM and invest it in approved bond strategies—80% in U.S. short-term Treasury bonds and 20% in IG corporate bonds. (source link)