MakerDAO Foundation receives $27.5 Million to Expand into ASIA.

MakerDAO Foundation receives $27.5 Million to Expand into ASIA.


MakerDAO is the Platform behind the DAI stablecoin that recently partnered with OKEx to offer  users the opportunity to make dividends from the DAI savings rates up to 4% for each deposit in DAI asset, allocated to the project.

The MakerDAO Ecosystem Received an Investment from Drangonfly and Paradigm in a total of $27.5 Millions.

351665157-6ca8c824badacc1dc01055f38acc6503e2dd33b66674221a4cd6f2eb5390a5b0.jpeg

The companies used the funds to purchase 5.5% of the total supply of the MKR token in a clear attempt to support the project of stablecoin to strengthen their presence in the Asian Market.

MKR Tokens are part of the MakerDAO governance system that gives the holders the voting power and participation in the decision process surrounding the ecosystem.

The Asian Market still one of the dominoes of USDT TETHER and with this Investment  DAI stablecoin can get the rightful position in Asia.

351665157-927e09bb4b5fefb86081707d21d8066641333e85ad389e71e1f67a4768f1b2a5.jpeg

The MakerDAO Foundation is a non profit Entity that is doing an awesome Work expanding the DAI stablecoin to more Markets and Asia is a Hotspot on the Cryptocurrency World.

Republished Article Original Found At Uptrennd Platform From My Authorship Here.

How do you rate this article?


0

0

alberdioni8406
alberdioni8406

"...just me carrying the world" _Bitcoin Cash enthusiast _Crypto content creator Always @alberdioni8406 find me online...


Uptrennd platform by Alberto Dionisio
Uptrennd platform by Alberto Dionisio

Uptrennd is a Social Network that pay you to create content online and get engaged and all my Articles From Uptrennd I will Republish Here in this Blog!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.