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HFAresearch founder: Makers hold $3 billion in U.S. Treasury bonds

HFAresearch founder: Makers hold $3 billion in U.S. Treasury bonds

CointimeCointime2023/11/27 03:51
By:Cointime

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.

0

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.

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