Maker DAO (MKR) News, Price Predictions, Opinions and Analyses Created by Users

Maker DAO (MKR)

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The Maker (MKR) and DAI tokens together form the dual-coin MakerDAO stablecoin ecosystem, which was launched in 2018, though the idea was developed in 2015. Even with its relative recency, the MKR and DAI stablecoin token have gone on to gather much support among crypto investors for its non-custodial solutions to stablecoins.

While the DAI stablecoin is the actual stablecoin that is pegged on a 1:1 ratio with the US Dollar, the MKR token is perhaps the more significant token of the two, being a utility token that is used for governance on the platform. 

One of the key differences between MakerDAO and other stablecoins is that MakerDAO is non-custodial. While other tokens may choose to make their stablecoins irredeemable for whatever reason, Maker’s DAI token operates on Collateralized Debt Positions or CDPs. Users deposit a certain amount of Ether for which they receive a portion of the DAI token. The stability of the DAI maintained through the MKR token, in addition to its role as a governance tool.

The unique stablecoin system has made MakerDAO a popular token despite its relative newness. The project has no roadmap. 

With tokens like Tether receiving much criticism for its operations, and with stablecoins increasingly becoming a trend in 2019, the MakerDAO ecosystem has a chance to perform well, being a non-custodial solution to volatility in the market.

In this tag, read MakerDAO (MKR) news, price predictions, opinions and analyses created by users.


The Hateful Eight: KLAY, ANKR, MKR, BTMX, TFUEL, FIL, LUNA, ICX – Biggest Losers from April 2nd to April 9th

9 Apr 2021 2 minute read 0 comments pheonixdown-dee

In this article, I'll take a look at eight altcoins that decreased the most over the past seven days (April 2nd – April 9th). Note these are top losers in top 100, there are other projects that have dropped more that have smaller market caps.     Thi...

The New Era of Maker DAO (MKR) by Winning Investor

9 Apr 2021 2 minute read 0 comments Winning Investor

  Who invented MakerDAO?      Rune Christensen is the founder and current CEO of MakerDAO.   Who is the Rune Christensen? Disclaimer: Spartan Capital holds MKR tokens. The following is an abridged and adapted transcript. In the full conversati...

What is MakerDAO?

21 Mar 2021 1 minute read 1 comment chris04

Maker was the first project based on the Ethereum platform that allowed crypto users to mint the first stable coin (DAI), a token that replicates the price of the US dollar without having the same as collateral such as USDT. In practice, users lock t...

🚨GAINS Interview with Fred Jin, CEO of Cere Network.

20 Mar 2021 1 minute read 0 comments GAINS Associates

Cere Network is a decentralized data & finance cloud for enterprises. Backed by Binance Labs, Cere Network is a privacy-focused solution that utilizes blockchain technology to store all data ONCE and allows multiple applications to have access withou...

The Potential of Decentralized Autonomous Organizations (DAO)

15 Mar 2021 2 minute read 2 comments JohnVibes

Human error, corruption, and bias are responsible for most of the problems that humans experience, which is why there is so much excitement about technology like self-driving cars or robot surgeons that could eliminate the fallible human element from...

Crash Lovers - Daily USDT Rewards

8 Mar 2021 1 minute read 5 comments Sp427

Anyone that participates in crypto-based gambling is familiar with the game crash. In this article specifically, I will highlight the extensive benefits from TrustDice.win's crash game. Daily, you can earn up to nearly 20 USDT through betting. With...

What is DeFi?

7 Mar 2021 2 minute read 6 comments chris04

DeFi is the acronym for Decentralized Finance or the offer of a series of financial services, which by exploiting the potential of platforms and protocols that allow the automatic execution of smart contracts (Erc-20 or BEP20), eliminate financial in...

MKR/USDT Retail Market Structure: Q1 2021 so far

6 Mar 2021 1 minute read 0 comments idm

This post examines MKR/USDT retail price and volume movement from Jan-01 to Mar-05. MKR (Maker DAO) started the year trading just above 500 USDT. Moderate volume brought the price above 1000 USDT early in the second week of January. Also in the seco...

Double Your Crypto - Deposit Bonuses & Promotions

3 Mar 2021 1 minute read 6 comments Sp427

For gamblers that are looking to make a deposit either big or small, TrustDice.win offers three highly profitable promotions. These promotions will help give you a great boost if you have not deposited crypto before on the site. Even if you do not ha...

TrustDice.win Referrals - Earn 2x More BTC Daily

2 Mar 2021 1 minute read 3 comments Sp427

Among websites that were designed for crypto-based gambling, TrustDice.win has by far the best referral system. Easily, users can earn 50% of other user's faucets. All by either typing in their referral code or clicking their referral link. Displaye...