Maker DAO (MKR)

39 Articles 3 Followers

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.


Everything you need to know about MakerDao and Dai

1 Jun 2019 14 minute read Zoran Spirkovski $11.10 tipped

The MakerDao is a smart contract on the Ethereum blockchain representing a decentralized collateral-backed cryptocurrency (DAI - a stable coin following the value of the US dollar), providing collateral loans, and a community governance system. The p...

Introducing the New Publish0x Tipping Model

11 Jul 2019 4 minute read Igor Tomić $2.85 tipped

Hi Publish0x community, This is a quick update to let you know that we've introduced a new tipping model. In the last few months all tips gave out two tokens. Right now, you will always earn a tip in a single token. There is a chance to earn a tip in...

What is Maker (MKR)? [A Comprehensive Guide to Understanding Maker]

3 weeks ago 7 minute read Mr.CryptoWiki $8.49 tipped

Cryptocurrencies, in the classical sense of the word, are intended to be used as a means of payment. Take Bitcoin for example, in the Bitcoin whitepaper Satoshi Nakamoto called Bitcoin a peer-to-peer electronic cash system. Many other cryptocurrencie...

Infinity Start adopted DAI Stablecoin

5 Sep 2019 1 minute read egamersio $2.26 tipped

The new blockchain game, Infinity Star by Nodebrick announced a collaboration with MakerDao which will open up a lot of opportunities to both communities. Infinity Start adopted DAI stablecoin and they are also considering accepting DAI as a payment...

Changelog Speaker Spotlight - Jocelyn Chang, APAC Community Lead of MakerDAO

3 Sep 2019 2 minute read CoinGecko $3.44 tipped

CoinGecko will be hosting sixteen exciting crypto projects at the upcoming Changelog stage during Invest Asia 2019 happening on 11-12 September 2019. The Changelog stage offers projects the opportunity to share important updates and development roadm...

The Great Altseason Is Inevitable and Human's Greed Will Make It Happen 

26 Aug 2019 9 minute read CryptoChartWizard91 $10.63 tipped

There was once a time when the CNBC Fast Money Program had recommended their viewers to buy Litecoin at a STEEP price of $357.76. LOL. The program had told its investors that it was a great time to buy Litecoin due to the fact that it has a technical...

Current thoughts on makerdao communnity stuff

16 Aug 2019 3 minute read murdersintent $2.42 tipped

  Catching up on current stuff, thoughts and responses to current discourse in makerdao community. Roughly half on governance facilitators, and half my conceptions of what scientific governance encompasses (especially relating to voting in any ratifi...

ONEROOT DEX Launched R1 "Preferred Project" Plan -- The First Partner MakerDao (DAI)

12 Aug 2019 1 minute read ONEROOT $1.09 tipped

"Everyone hates the summer’s heat, I love the summer’s long day". ONEROOT DEX, together with R1 protocol, launched R1 " Preferred Project" Plan in this amazing season. This plan seeks to discover the projects with the highest quality globally. The ch...

3 Takeaways You Need To Know From MakerDAO's Presentation at Fluidity 2019

7 Aug 2019 2 minute read Ra.Tomps $4.70 tipped

Gregory Di Prisco, Head of Business Development at MakerDAO, had recently delivered a presentation titled “Beyond Banks” at the Fluidity 2019 Conference. The presentation highlighted a number of important features, present and upcoming, that are inte...

3 Crypto Projects That Are Soon To Surprise The Mainstream

6 Aug 2019 3 minute read Adamic0 $4.17 tipped

We are in a very exciting time for the crypto industry. Forget about the prices - they’re going up and down quite a bit as if waiting for some big moment where it can happily sit at a much higher stable bottom.  No, what's really interesting about th...

How You Can Earn $14 By Learning About MakerDAO In 5 Easy Steps

31 Jul 2019 2 minute read CryptoMoneyMaker $1.50 tipped

Learning and earning? Earning whilst learning? Yes PLEASE! Coinbase has recently announced that you can earn up to $14 if you take their lessons and learn how to generate Dai through creating a Collateralized Debt Position on MakerDAO. This post will...

MakerDAO 2019 - Stablecoins Dai - Multi Collateral Assets - CDP loans with Mariano Conti

29 Jul 2019 2 minute read Cryptokoala $0.53 tipped

MakerDAO - Hello Crypto and Blockchain community. Today I talk with Mariano Conti – Developer, Head of Oracles & SmartContracts At MakerDAOMariano shares his background as a developer, starting off as an Ethereum holder, looking for the best project...

It Amazes Me How Massively Undervalued MakerDAO (MKR) Is

25 Jul 2019 5 minute read h00li $3.35 tipped

It truly does still amaze me at how undervalued MakerDAO has managed to remain after all this time. I mean, it is doing alright as it manages to hold a top 25 ranking at the 23rd position - holding nicely at a price of around $585. However, the price...