The anticipated proposal from CoinShares was recently reported to get rejected by the community in the voting on MakerDAO’s platform. The proposal intended to invest the community’s funds worth 100 million USD to 500 million USD.
For investment, the digital asset investment firm would have chosen a portfolio consisting of corporate debt securities and bonds backed by the government. This investment strategy was expected to generate yield.
The total number of votes on MakerDAO’s voting platform was 78,533. Out of this, about 56,740 MKR votes, about 72.43% of the total votes, were in favor of rejecting the proposal. While slightly more than 13% of votes were in favor of the proposal and around the same number of votes abstained from voting.
If the voting would be in favor of CoinShares then the firm would be able to offer the annual percentage yield (APY) more than the SOFR interest rate. In addition, the yield would be available in the most preferred assets within the commun
We współpracy z: https://www.thecoinrepublic.com/2022/11/29/makerdao-community-rejects-coinshares-proposal/
