Tokpie Entered MakerDAO Ecosystem

Tokpie plus Maker DAO

Great news! The negotiations with the Maker DAO to include Tokpie into the DAI ecosystem have succeeded! Thanks to the listing of Dai stablecoin (DAI), Tokpie exchange has become an authorized Custodial Exchange for DAI token. Moreover, Tokpie will start providing DAI lending and borrowing services in March 2020. It will move Tokpie & Maker DAO integration into the next level.

Maker partners Tokpie
Tokpie and Maker DAO collaboration

Tokpie – custodial exchange for DAI

We, in Tokpie, are proud to become one of the fifteen exchanges which provide custodial exchange services for Maker DAO and its Dai stablecoin (DAI). Being in the list with such notable exchanges like Kraken and Coinbase is definitely good. Furthermore, due to the Coingecko stats, Tokpie is one of the two exchanges that support the DAI/USDC trading pair.

Tokpie custodial exchange for DAI
Tokpie in the list of custodial exchanges for Dai stablecoin

Lend and borrow DAI

As was promised, the next step of integration to the Maker DAO’s ecosystem will allow Tokpie users to:

Tokpie exchange is going to launch the DAI lending and borrowing feature in July 2020. Besides, TKP token-holders will be able to use TKP as collateral to borrow Dai stablecoins (DAI). It’s a very nice idea. You could lock TKP worth of 100 USD to borrow 80 USD, for instance.

Useful links

What is Tokpie exchange
What is Maker DAO’s
DAI/USDC Order book
Maker DAO website