Original story published by Krisztian Sandor from CoinDesk. In a significant move for the decentralized finance (DeFi) space, MakerDAO, the protocol behind the $5 billion stablecoin DAI, announced plans to invest $1 billion of its reserves in tokenized U.S. Treasury products. This strategic decision is expected to attract top industry players such as BlackRock‘s BUIDL, […]
Mantle, one of the world’s largest DAO-led web3 ecosystems built around Ethereum layer 2 (L2) Mantle Network, announced today ahead of TOKEN2049 its entry into real world assets (RWAs) with Ondo Finance’s USD Yield ($USDY) token. $USDY has become the first project of Mantle Showcase, a program that highlights projects for their product-market fit and […]
Spool DAO, or Spool, the DeFi platform allowing institutions and users to build customizable, risk-managed investment crypto products, joins forces with Staking Rewards, the world’s central information hub and leading data aggregator for the crypto staking industry. The centerpiece of the partnership includes the launch of srETH, an all-weather staking index on Ethereum, opening the door […]
