Today, Maker introduced the Chinese-language CDP Portal, featuring the full translation of the native UI with optimized servers for visitors in mainland China.

The CDP Portal allows users to interact with the permissionless smart contracts that fuel the Dai Credit System. You can borrow Dai by locking up ETH in the Maker collateral vault, and spend Dai as you wish. When you no longer need the liquidity, you pay back Dai together with a stability fee to withdraw the collateral that you locked up.

“Our community members in China have been a strong and supportive part of the Maker ecosystem,” said Rune Christensen, CEO and co-founder of MakerDAO. “We are thrilled to provide them with a powerful and streamlined portal for interacting with their CDPs.”

Users in China can also access the CDP Portal through local wallets. imToken 2.0 has integrated the CDP Portal directly into their wallet. See how it works.

The Chinese community is our second largest globally. We have an intimate but influential community and have built a large online presence on popular Chinese media platforms Wechat, Zhihu, and Weibo and produced a lot of localized content to educate the Chinese communities.

Follow our official MakerDAO WeChat account by scanning the QR code below to receive updates on the latest news happening in China.