PANews reported on September 8 that steakhouse, a member of MakerDAO's strategic finance core department, initiated a discussion in the community, suggesting that MakerDAO allocate up to $100 million to develop and experiment with tokenized U.S. Treasury products, which will provide greater transparency, simpler accounting, reduced management complexity, easier automation, and faster redemption. steakhouse cited three example products: lending protocols with tokenized Treasury bonds as collateral (such as Flux fDAI); frictionless products with no minting/destruction costs (such as Maple Cash USDC); and long-term products that charge transaction fees and have a certain price volatility (such as Backed Finance bIB01 and bIBTA).
According to its proposal, if this product is developed, steakhouse will provide legal and financial support, PhoenixLabs will provide technical support, and BlockAnalitica will provide risk support.
