Sid Powell, CEO and Co-Founder, Maple Finance.<\/cite><\/blockquote>\n\n\n\nMaple\u2019s T-Bill pool will offer investors the one-month Treasury bill yield. A 0.5% management fee will be applicable on stablecoin deposits. As per the current T-Bill rate, investors will get a 3.2% yield annually. All deposited funds will be directed to a special purpose vehicle (SPV) which lends it to Room40 Capital, an institutional crypto hedge fund that will act as the sole borrower from the pool to invest in the U.S. Treasury Bills. The DeFi crypto lender has simplified the onboarding process such that clients will be able to complete applications within 15 minutes. <\/p>\n\n\n\n
Speaking on the new T-Bill pool, Maple developers stated that most on-chain risk-free offerings do not seem safe enough to attract investment from treasury funds. \u201cCounterparty risk is either too high, assets too illiquid, too complicated with ETFs, or rates between 1-2% too low for the level of smart contract risk,\u201d the developers added.<\/p>\n","protected":false},"excerpt":{"rendered":"
DeFi crypto lender Maple Finance has launched a new cash management pool which will allow institutional web3 investors to have exposure to one-month U.S. Treasury Bills. <\/p>\n","protected":false},"author":62,"featured_media":581808,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,108120,2],"tags":[7092,108788,108891,108747],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581806"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=581806"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581806\/revisions"}],"predecessor-version":[{"id":581809,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581806\/revisions\/581809"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/581808"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=581806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=581806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=581806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}