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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.


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.


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.

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