Paxos & MakerDAO-partnerskap, hjälper senare att tjäna intäkter

• Paxos hävdade att Maker skulle tjäna ytterligare 29 miljoner dollar i intäkter varje år.
• År 2024 skulle den maximala tröskeln stiga till 2 miljarder USD i USDP.

Paxos, en emittent av stablecoin, övervägde att betala MakerDAO en återkommande avgift för att hålla upp till 1.5 miljarder dollar i Pax USD (USDP) stablecoin-reserver.  Enligt förslaget, In order to encourage the use of USDP within the Maker ecosystem and increase the USDP PSM Debt Ceiling to 1.5B USDP, Paxos will send MakerDAO monthly marketing charges worth 45% of the Effective Federal Funds Rate on the USDP in the PSM. In 2024, the maximum threshold would rise to $2 billion in USDP.

If the facility were utilized to its maximum potential, Paxos claimed that Maker would earn an additional $29 million in revenue each year. The proposal will be discussed by the MakerDAO community before being put to a vote.  USDP is fully backed 1:1 by cash and debt instruments that are officially assured by the credit of the United States Government. The USDP is limited to primary prudential regulation, and it may only legally be backed by cash and cash equivalents.

The approach is a part of MakerDAO’s simultaneous attempt to lessen its dependency on Circle’s USDC stablecoin. And also improve the protocol’s income by investing in government bonds and using other investment tactics to produce steady yield on a $7 billion stockpile of digital assets in its reserve. The MakerDAO community enades i november om att höja belöningsgraden för sitt DAI stablecoin till 1%.