MakerDAO Foundation announces completion of $ 27.5 million financing

On December 19th, the MakerDAO Foundation announced the completion of US $ 27.5 million in financing (5.5% of the total MKR). The investors were Dragonfly Capital Partners and Paradigm. The two investment institutions stated that they will actively participate in the decentralized governance of the MakerDAO agreement. MakerDAO provides the first decentralized stablecoin Dai and decentralized financial products through the Ethereum smart contract system.