
MakerDAO Approves Preliminary Proposal To Park $100 Million USDC In Yearn Finance Vault
Summary: The MakerDAO proposal to earn yield from a Yearn Finance vault was backed by the governance community. Yearn Finance's special investment vehicle or vault has a cap of $100 million. The USD Coin treasury allocation from Dai's developer will earn a 2% annual yield if approved by an executive vote. The MakerDAO governance community backed a proposal to deploy $100 million of...