MakerDAO Contributors Want $100M To Go Into Tokenized T-Bills
MakerDAO has been in the news for something or the other. Lately, it made headlines for forking the Solana blockchain. It drew a sharp response from the Ethereum community and Vitalik Buterin himself. Now, the platform might find itself foraying into tokenized T-Bills. Now, those who know about T-bills can easily find this news relatable. But for the uninitiated, it is important to know what this piece will talk about. Heres Everything to Know About T-Bills T-bills or US Treasury Bills are essentially short-term debt securities. As one can surmise, the US government itself issues them. Since they are backed by authorities, they are one of the safest instruments for investment. They come with diversified maturity periods as well. So far, there are five such periods which are 4, 8, 13, 26, and 52 weeks. With a little knowledge of investments, one knows that a higher maturity period will yield better interest rates. However, these bills wont pay regular dividends to their holders. Instead, they will have an option to sell them at a discounted price. If investors choose to keep the bills till maturity, they receive the full face value of it. There are a few factors that add to the interest of