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Cash Management Pool Performance - August. $7,836,310 deposited. 83% APY net of fees. Now open to U. S Accredited Investors.

Maple
Maple
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11 Sep 2023, 13:54
Cash Management Pool Performance - August ☝️ $7,836,310 deposited 📈 4.83% APY net of fees 🇺🇸 Now open to U.S Accredited Investors ⚡️ Now available on @solana /maplefinance/status/1701232842297008612/photo/1 Visit pool: Market Commentary Short dated yields were relatively stable with the 1-month U.S. Treasury Yield ranging between 5.35% and 5.41%. Whilst the direction of travel in inflation appears positive, it remains elevated above the Fed’s 2% target and implies that any rate cuts remain some distance away. Powell emphasized this in his annual address at Jackson Hole, warning that inflation “remains too high” despite recent “welcome developments”, and signaled the Fed’s readiness to maintain restrictive policy to bring price increases back under control. Alongside these comments, however, he acknowledged the risk of raising rates too high and doing “unnecessary” damage to the economy. As a result, the central bank is likely to skip raising interest rates in its upcoming September meeting. Whilst some investors predict a final 0.25% increase in late October, this hasn't been completely priced in. Pool Deep Dive 8 day weighted average maturity of pool assets. Assets comprise a 75 / 25 split of U.S Treasury Bills and Overnight Reverse Repos. More than $1.8M in withdrawals successfully serviced this month, allowing lenders to quickly access their capital for other purposes. /maplefinance/status/1701232842297008612/photo/2 The pool has now been rolled out on Solana, allowing holders of USDC-SPL to access liquid yield sourced from U.S. Treasuries on-chain in their native ecosystem. Visit pool: Pool overview The Pool targets a net APY of the current 1-month U.S. Treasury bill rate less fees and expenses of 0.5% annualized. By engaging in Cash Management, companies can extend runway, hedge against inflation, and manage cash flows. The Pool is designed to meet the conservative risk profile and daily liquidity needs of DAOs, corporate treasuries, and fund managers. From the Lender Dashboard, next day withdrawals can be requested and monthly interest statements can be downloaded at anytime. Full transparency is provided through a real-time view into Treasury bills held with a regulated prime brok /maplefinance/status/1701232842297008612/photo/3 er.