/biz/ - Business & Finance

People are right to get excited about a new asset class but should not be surprised. DMM will be exactly what it says on the tin: the Defi Money Market.

Conventional Money Markets oversee enormous transfers of assets and liquidity for all classes of assets. Investors and huge businesses use Money Markets to maintain healthy cash flows and ROI. Companies with excess assets can leverage Money Markets to gain liquidity. Companies with excess liquidity can leverage Money Markets to gain interest. DMM DAO, with its existing partnerships and determined and active VCs, will become the de facto Money Market for the booming defi ecosystem.

People are right to get excited about a new asset class but should not be surprised. DMM will be exactly what it says on the tin: the Defi Money Market.

Conventional Money Markets oversee enormous transfers of assets and liquidity for all classes of assets. Investors and huge businesses use Money Markets to maintain healthy cash flows and ROI. Companies with excess assets can leverage Money Markets to gain liquidity. Companies with excess liquidity can leverage Money Markets to gain interest. DMM DAO, with its existing partnerships and determined and active VCs, will become the de facto Money Market for the booming defi ecosystem.