MakerDAO launches $5M legal defense fund By Cointelegraph
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According to a new social post on Feb. 1, Maker decentralized autonomous organization, or MakerDAO, has approved the creation of a new fund dedicated to expenses related to legal defense.
MakerDAO is the issuer of the DAI United States dollar stablecoin. As told by developers, Maker will allocate 5 million DAI to “reimburse legal defense expenses in case of legal or regulatory action against specific participants of MakerDAO.” The post further explained:
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According to a new social post on Feb. 1, Maker decentralized autonomous organization, or MakerDAO, has approved the creation of a new fund dedicated to expenses related to legal defense.
MakerDAO is the issuer of the DAI United States dollar stablecoin. As told by developers, Maker will allocate 5 million DAI to “reimburse legal defense expenses in case of legal or regulatory action against specific participants of MakerDAO.” The post further explained:
Continue Reading on Coin Telegraph
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