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
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
CandyBomb x US: Trade to share 5,400,000 US
[Initial Listing] Bitget to list Almanak (ALMANAK). Grab a share of 4,200,000 ALMANAK
Trending news
MoreCrypto prices
More
