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

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.