THELOGICALINDIAN - French bunch advance coffer and banking casework aggregation Societe Generale has proposed to advantage the decentralized accounts defi agreement Makerdao The angle dubbed Security Tokens Refinancing was appear on October 1 to Makerdaos forums and the acquiescence aims to advance the DAI stablecoin to refinance a covered band concept
Societe Generale Proposes Leveraging Makerdao and DAI Stablecoins to Refinance Bond Token
The all-embracing coffer Societe Generale’s agenda bill analysis has submitted a angle on Makerdao’s babyminding forums (MIP6 application) and the coffer wants to refinance a band token. The “covered band token,” as it’s called, was issued on the Ethereum blockchain aftermost year. The angle is on “behalf of European advance close Societe Generale-Forge (SG-Forge),” the MIP6 application notes.
“This refinancing transaction analysis is in band with the avant-garde action and solutions developed by SG-Forge,” the bank’s agenda bill analysis explains. “This analysis combines acceptable basic bazaar activities with the decentralized accounts arising and growing ecosystem.” Societe Generale’s arbitrary of the angle adds:
Makerdao’s Rune Christensen: Post-Foundation Model of Organization Is Proving to Be More Scalable
On Friday, the architect of Makerdao, Rune Christensen, explained how the all-embracing coffer from France proposed to use the protocol. “Societe Generale, the third-largest coffer in France, aloof fabricated a accessory onboarding appliance to Maker for 20 actor USD,” Christensen said. “Backed by EUR bonds, proposed by their blockchain subsidiary.”
“Turns out it was the approaching of France all along,” Christensen added. “Amazed that I had no clue about this at all the accomplished time. This is one of [the] assorted contempo examples in Maker Governance of how the post-foundation archetypal of alignment is proving to be added scalable.”
What do you anticipate about Societe Generale’s agenda bill analysis leveraging Makerdao and DAI tokens to refinance a band token? Let us apperceive what you anticipate about this accountable in the comments area below.
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