HFAresearch founder: Makers hold $3 billion in U.S. Treasury bonds
Taiki Maeda, founder of HFAresearch, stated on social media that MKR holds 3 billion US dollars in US government bonds with a yield of 5%. Every 2 hours, it will use these interest payments to buy back $20,000 worth of MKR. Therefore, when the market tends to be calm, MKR's performance will be better.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget has decoupled loan interest rates from futures funding rates for all coins in spot margin trading
[Important] Bot copy trading upgrade—update your app now
CandyBomb x UAI: Trade futures to share 200,000 UAI!
New spot margin trading pair — KITE/USDT, MMT/USDT!
