Get Your Project reVIEWED 

MakerDAO has recently taken steps to penetrate deeper into the Real World Assets (RWAs) market. 50 million USD worth of assets under the Real World Asset (RWA) portfolio have been added to the DAI escrow fund. This amount of assets was cumulatively supported through the BlockTower Andromeda unit on September 7 as fig 1

Besides this, the Steakhouse advisory unit also just announced the proposal in MakerDAO's forum. This proposal aims to create a tokenized product for Government Bonds as fig 2

Specifically, this solution aims to establish an off-chain ETF under the management of MakerDAO. In parallel, a tokenized version will operate on the blockchain and promote support activities as collateral on Aave if needed.

The Steakhouse team said that this direction will bring transparency, minimize accounting complications as well as create an easier deposit and withdrawal market to stablecoins (instead of traditional deposits and withdrawals).

The proposed amount of test assets for the above solution will be 100 million USD.

If you do not know about RWA, I would recommend you read my blog here to understand this movement from Maker team. Show Less


Cyrator is a transparent and reliable review community where anyone can join, contribute and earn.

Cyrator is a transparent and reliable review community where anyone can join, contribute and earn.

2024 Cyrator - Verified Crypto Reviews

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.