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MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance

The decision opens the way for MakerDAO to earn an estimated 2% annual yield on USDC stablecoin deposits.

By Krisztian Sandor
Updated Jan 23, 2023, 7:10 p.m. Published Jan 23, 2023, 6:47 p.m.
The MakerDAO community approved to open a $100 million USDC vault on Yearn Finance. (Cleveland Trust Co., modified by CoinDesk)
The MakerDAO community approved to open a $100 million USDC vault on Yearn Finance. (Cleveland Trust Co., modified by CoinDesk)