"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.

  • Maelstrom has parked 5% of its funds in staked USDe, Hayes told CoinDesk in an email interview.
  • The fund will rotate that money into crypto after the election results are clear and the losing side accepts the defeat, Hayes added.
  • It doesn't matter who wins beyond the short-term, Hayes quipped.

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