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.
Source: https://www.coindesk.com/markets/2023/06/14/makerdao-weighs-ditching-390m-of-gemini-dollars-from-dai-reserve/?utm_medium=referral&utm_source=rss&utm_campaign=headlines