MakerDAO Proposes RWA-009 as a New Collateral Type

The Maker Governance votes to add RWA-009, a 100 million DAI debt ceiling participation facility proposed by the Huntingdon Valley Bank, as a new collateral type in the Maker Protocol. This Real World Asset (RWA) is held 50% by HVBank and 50% by the Trust, with an initial debt ceiling of $100 million DAI, a 12-month goal of $1 billion DAI, and a yield benchmark of 30-day average SOFR (currently 0.083%) and "Like-Term" U.S. Treasury (e.g. 5-year UST currently 2.310%).
Source

Governance

DeFi

Lending

In This Article

Related News
Daily Market Wrap | Feb. 17 Daily Market Wrap | Feb. 17
Daily Market Wrap | Jan. 27 Daily Market Wrap | Jan. 27
Daily Market Wrap | Jan. 13 Daily Market Wrap | Jan. 13
Daily Market Wrap | Jan. 04 Daily Market Wrap | Jan. 04
Daily Market Wrap | Dec. 18 Daily Market Wrap | Dec. 18
Latest News More More
9 Hours Ago Daily Market Wrap | Mar. 09
3 Days Ago Daily Market Wrap | Mar. 06
4 Days Ago Daily Market Wrap | Mar. 05
5 Days Ago Daily Market Wrap | Mar. 04
6 Days Ago Daily Market Wrap | Mar. 03
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open