How MakerDAO stands to generate millions in 2023

MakerDAO's strategic move into Real World Assets (RWAs) could result in a significant revenue boost, with $150 million on the horizon.

MakerDAO anticipated generating $150 million in revenue driven by Real World Assets and stability fees.The DeFi landscape has experienced a notable slowdown in recent months, marked by dwindling interest and activity across the sector. However,Is your portfolio green?One key factor driving MakerDAO’s anticipated revenue surge was its strategic foray into Real World Assets .

Maker derives a substantial portion of its revenue, approximately 70-80% from stability fees associated with RWAs. Within Maker’s RWA portfolio, various asset managers and debt instruments are represented, including investment-grade bonds, short-term Treasury bill ETFs, business loans, and more. However, it’s essential to acknowledge the presence of risk factors, primarily associated with default risks. The vast majority of RWAs in Maker’s vaults comprise credit instruments, making them susceptible to non-negligible default risks. In essence, any RWA used as collateral for Maker’s services is exposed to potential default.

Notably, Ashwath emphasized that all RWAs currently held in Maker’s vaults are rated at BBB or higher, denoting an “investment-grade” credit quality. Nevertheless, given the current interest rate environment, the risk-reward profile of this opportunity may not be exceptionally favorable.Despite the industry-wide slowdown in DeFi, MakerDAO is forging ahead with robust development activity. Over the past week, code commits have surged by 47.9%, accompanied by a 9.

Nevertheless, with its strategic focus on RWAs and a vibrant development ecosystem, MakerDAO appears well-positioned to seize opportunities amid the evolving DeFi landscape.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Duke vs Clemson 2023 Live Stream@ Free ON TV NCAA College Football 2023Clemson will play against Duke for the 2023 NCAA Football season. Here, you can find out when, where, at what time, and how to watch or live stream this game in the US.
Read more »

Canada real estate: Average home price to stay flat through rest of 2023, says Re/Max“If the fall market is an early indicator for 2024 activity, we may see a very active first quarter as buyers and sellers take advantage of easing prices into the earlier part of next year.'
Read more »

Gran Turismo (2023) free Fullmovie Online 3 Sep 202329 secs ago (BHADRARAHIYO) Still Now Here Option’s to Downloading or watching Gran Turismo 2023 streaming the full movie online for free. Do you like movies? If so, then you’ll love New Romance Movie: Gran Turismo.
Read more »

[123Movies] Gran Turismo 2023 (FullMovie) Free Online On 3 Sep 202329 secs ago (BHADRARAHIYO) Still Now Here Option’s to Downloading or watching Gran Turismo 2023 streaming the full movie online for free. Do you like movies? If so, then you’ll love New Romance Movie: Gran Turismo.
Read more »

LIVE-EPL Arsenal vs Man United 2023 Live Free Broadcast & MATCH HQ On 3 September 2023Man United vs Arsenal Live Free Broadcast & MATCH HQ On 3 September 2023 .... Copy Link: https://watchtimenow.com/soccer/ Copy Link: https://watchtimenow.
Read more »

WATCH Arsenal vs Man United 2023 Live Free Broadcast & MATCH HQ On 3 September 2023Man United vs Arsenal Live Free Broadcast & MATCH HQ On 3 September 2023 .... Copy Link: https://watchtimenow.com/soccer/ Copy Link: https://watchtimenow.
Read more »