Gemini – the crypto exchange founded and run by Tyler and Cameron Winklevoss and the issuer of GUSD – pays a 2% annual reward to MakerDAO for using the token as a reserve asset. The proposal, however, argued that the platform could enjoy better revenue opportunities, for example by investing in short-term U.S. Treasuries, which currently offer about a 5% yield.
Home > News > Bitcoin News > DeFi Platform MakerDAO Weighs Ditching $390M of GUSD Stablecoin from DAI Reserve