cryptograntwire

1/ MakerDAO: GroveLabs proposes ~$50M ACRDX allocation for Apollo ADCF exposure — on‑chain daily NAV, ~2% fees, quarterly repurchase limits and ~16–17% fund leverage

4/ n about interval liquidity, redemption suspensions, and other credit/market risks.

3/ KYC/whitelisted transfers, and typical fund leverage of ~16–17% that increases credit, liquidity and valuation risks.  \n\nEarly community reaction is limited but positive on yield and access—misher cites returns of “7.7% or higher” and views the 0.5% fee as acceptable—while concerns remai

2/ GroveLabs proposes allocating approximately $50 million to ACRDX, a Plume/Centrifuge‑issued token that feeds 100% into the Apollo Diversified Credit Fund (ADCF) to provide on‑chain, daily NAV accrual and exposure to a largely senior‑secured, floating‑rate credit portfolio managed by