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MakerDAO Faces Criticism Over Tokenomics Plan Amidst High-Stakes US Treasury Investment Strategy

MakerDAO, the governance token behind the fifth most popular stablecoin DAI, is contemplating an increase in its United States Treasury bond investments to $1.25 billion from its previous allocation of $500 million.

According to a proposal released March 6, the move would allow MakerDAO to capitalize on the current yield environment.

Under the new plan, the existing $500 million allocation – consisting of $400 million in Treasury bonds and $100 million in corporate bonds – would significantly increase by $750 million.

MakerDAO intends to achieve this by implementing a six-month U.S. Treasury ladder strategy, which would involve bi-weekly roll-overs.

The latest proposal comes on the heels of several high-profile moves by MakerDAO, including a recent initiative that would permit MKR token holders to borrow DAI.

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