News/DAO Credit Marketplace Porter Finance Raised $5M in Funding Participated by Dragonfly Capital

DAO Credit Marketplace Porter Finance Raised $5M in Funding Participated by Dragonfly Capital

Apr 08,2022,11:56
Porter Finance, a DAO marketplace built on Ethereum, has raised $5M in funding, with participation from Dragonfly Capital, ParaFi Capital, Nascent Ventures and others. Porter Finance offers DAOs a platform to borrow at fixed rates with no liquidation risk. Using their project tokens as collateral, DAOs can mint zero-coupon bonds and sell them to fixed income investors.
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