Maker token fails to hold gains despite investments
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profile actions by MakerDAO, one of which was a current plan allowing holders of MKR tokens to borrow DAI.
How MakerDao utilized the deal
According to the MakerDAO, this investing technique accounts for over 50% of MakerDAO’s yearly income. As of right now, the current portfolio of MIP65 is made up of iShares $ Treasury Bond 0-1 yr UCITS ETF which has a market cap of $351.4 million worth of IB01 shares, and iShares $ Treasury Bond 1-3 yr UCITS ETF which had a market value of $150.6 million.
Maker’s 24-hour chart performance
Maker is struggling to recover amid the announcement of its new investment strategy. The asset, currently trading at $904.07, is in a zone of uncertainty as the asset looks came close to consolidating a bullish trend.source
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