The remaining DAOs #comprising the top five are BitDAO, Uniswap and Polygon, with #treasuries of $2.6 billion, $2.5 billion, and $1.5 billion respectively.
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Assets held in DAO #treasuries have more than #doubled since the beginning of 2023, according to DeepDAO.
10-Year #Treasuries have also plummeted since #SVB, dropping from 4.0% to 3.6% since November 9.
Like with #Treasuries (and to an extent #FAAMG tech stocks), the rally in gold is likely due to a flight-to-safety.
Like with #Treasuries (and to an extent #FAAMG tech stocks), the rally in gold is likely due to a flight-to-safety.
10-Year #Treasuries have also plummeted since #SVB, dropping from 4.0% to 3.6% since November 9.
The yield on 2-Year #Treasuries has #dropped like a stone from 5.1% on March 9 to 4.1% on March 21.
The #government is going to allow #banks to post collateral, mainly #Treasuries, as #collateral to borrow against, but they will be able to use the par value of the asset rather than the market value.
The logic is the #bank wants to post #Treasuries, which have a maturity date, and the #government could hold the assets to maturity.
#Crypto didn’t change accounting rules to favor #Treasuries, then cover up bank insolvency. The Feds did.”He says decentralized finance (DeFi) is the #direction the world is heading, claiming it is a #more trustworthy system than the traditional
#Crypto didn’t change accounting rules to favor #Treasuries, then cover up bank insolvency. The Feds did.”
The logic is the #bank wants to post #Treasuries, which have a maturity date, and the #government could hold the assets to maturity.
The #government is going to allow #banks to post collateral, mainly #Treasuries, as #collateral to borrow against, but they will be able to use the par value of the asset rather than the market value.
The #government is going to allow #banks to post collateral, mainly #Treasuries, as #collateral to borrow against, but they will be able to use the par value of the asset rather than the market value.
The logic is the #bank wants to post #Treasuries, which have a maturity date, and the #government could hold the assets to maturity.
The logic is the #bank wants to post #Treasuries, which have a maturity date, and the #government could hold the assets to maturity.
The #government is going to allow #banks to post collateral, mainly #Treasuries, as #collateral to borrow against, but they will be able to use the par value of the asset rather than the market value.
the yield of #treasuries increases. Banks are affected because they have a ton of treasuries on their #balance sheets, as in the case of SVB. Banks that fail to hedge their risk go bust.
treasuries and #makes small business loans more expensive. When the value of #treasuries decreases,
He went on to say that SVB had a large #exposure to long-term #treasuries, which tanked in price as a result of the abrupt interest rate hikes, while the bank failed to have hedges in place.
Paxos also claims on its website that its #BUSD and #USDP token reserves are backed wholly in U.S. #Dollars and U.S.#Treasuries.
#Gold has issues though. It has more price volatility than #US #Treasuries, it can be expensive to store or transport,