News/Nexus Mutual to Invest $29 Million of Treasury Funds into Maple Finance

Nexus Mutual to Invest $29 Million of Treasury Funds into Maple Finance

Aug 12,2022,19:21
The Nexus Mutual DAO has voted in favor of allocating 15,348 $ETH (about $29 million), from the Nexus Mutual’s capital pool to earn yield on Maple Finance. The reason for this investment is to enable Nexus Mutual to earn yield on its $ETH holdings. According to the proposal document, only 20% of $ETH in its capital pool is earning interest for Nexus Mutual.
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