MakerDAO plans to make a $100M move according to this new proposal

MakerDAO [MKR] plans to make a $100 million move according to this new proposal

As per the proposal, one of the reasons for this decision was that Yearn Vault strategies are risk-adjusted and transparent at all times, providing a secure and reliable way for MakerDAO to earn a stable return on its assets.One of the key factors that make this proposal notable is the current asset distribution of MakerDAO. At press time, stablecoins make up a large portion of MakerDAO’s assets.

Based on data provided by Dune Analytics, stablecoins make up 70.7% of the overall number of assets being held byWhile RWA makes up a relatively small percentage of the overall assets, they have been a significant contributor to the overall revenue generated by MakerDAO. During press time, RWA was responsible for 56.9% of the overall revenue generated by MakerDAO.In fact, real-world assets helped MakerDAO grow its revenue by 3.

For example, development activity on MKR witnessed a surge, suggesting that new updates and upgrades for MakerDAO could be on the way. This spike in development activity could potentially re-generate interest from whales and new addresses alike, and help to drive the growth of the MakerDAO protocol in the future.

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