MakerDAO Will Vote On $100 Million Loan With Florida Commercial Bank
MakerDAO, a decentralized lending platform for cryptocurrencies, is holding a vote on a fresh proposal that would integrate a second commercial bank into its ecosystem, deepening the link between decentralized finance (DeFi) and conventional finance.
According to MakerDAO’s governance forum, Cogent Bank, a commercial bank with headquarters in Florida, is putting out a proposal to contribute $100 million in loans to MakerDAO’s RWA Master Participation Trust. The proposal, which is a part of MakerDAO’s monthly governance cycle, calls for applying the same terms and conditions to Pennsylvania-based Huntingdon Valley Bank (HVB), which signed a collateral integration agreement with the cryptocurrency company in July 2022.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
