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Rev up your engines for the Formula 1 of onchain finance 🏁 🏎️💨 In a brilliant move, @SkyEcosystem (ex MakerDAO) is looking to diversify its treasury with $1 billion tokenized RWAs through the @sparkdotfi Tokenization Grand Prix. Cogito Finance is proud to support with its… https://t.co/MgTj2rcBvH
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SkyEcosystem, formerly known as MakerDAO, is hosting the Sparkdotfi Tokenization Grand Prix, an open competition to onboard $1 billion in tokenized real-world assets. The deadline for proposal submissions is tomorrow, and numerous innovators and issuers have already submitted their proposals. The competition aims to diversify SkyEcosystem's treasury with tokenized assets, enhancing dollar risk-free yield with governance and underwriting capabilities. M^0 has submitted a proposal that augments yield.
