MakerDAO, the world’s largest decentralized finance (DeFi) lending network, launched a $500 million investment in short-term US treasury bonds and investment-grade corporate bonds on Thursday. The plan, which was accepted by MakerDAO members after a months-long community vote, will see $400 million of the organization’s asset reserves invested in US treasury bonds and $100 million invested in corporate bonds. A $1 million pilot transaction has already been conducted, with the remainder to follow shortly.
