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
Justin Sun Highlights the Promising Future of JST Token Through JustLend
In Brief Justin Sun sees great potential for JST tokens through JustLend's growth. Buyback and token burn strategies aim to enhance JST's market value. Investors are advised to analyze TRON's evolving landscape cautiously.
The Melania team used a fixed investment strategy to sell 3.19 million MELANIA
Matrixport: New capital inflows indicate that Bitcoin is expected to break through $100,000
Bitcoin's 10% Surge Sparks Optimism for SUI, AVAX, TRUMP, and TAO
Trending news
MoreCrypto prices
More
