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.

3 Altcoins To Keep Tabs On — LUNA, MKR, COMP | KuCoin Weekly Review Issue #18

26 Apr 2021 2 minute read 8 comments KuCoin Blog

A look at the market from over the past week tells an interesting story. After a week of new heights, the market took a dive. BTC started the week at $54,205 before dropping to $46,966 at the end on Sunday. ETH followed a slightly different path, beg...

Regulatory Clarity is Here... and It's Bad

26 Apr 2021 2 minute read 6 comments AlucardLife

US citizens may now register their DAOs as LLCs in the state of Wyoming. Time to celebrate? Depending on your level of patriotism, you may or may not consider this a breakthrough. In and of itself, the nature of a DAO doesn't favor submission to a so...

Maker (MKR) Holding Near All-Time Highs! DAI Growth Picking Up! What Gives?!

23 Apr 2021 17 minute read 1 comment Michael @ CryptoEQ

Overview The Maker (MKR) token was created by MakerDAO (2014) and its principal purpose is to underpin and secure the DAI token which launched in 2017. MKR is also used as a governance token for participation in the governance decision associated wi...

The Magnificent Seven: DOGE, XRP, ZEN, ETC, MKR, BSV, VET – Biggest Gainers from April 9th to April 16th

16 Apr 2021 2 minute read 6 comments pheonixdown-dee

In this article, I will take a look at the seven altcoins that increased the most over the past seven days (April 9th – April 16th). Note these are top gainers in top 100, there are other projects that have gained more that have smaller market caps....

Maker (MKR)🚀 Makes The Day❗

16 Apr 2021 1 minute read 1 comment KoinMaster22

Maker (MKR) has pumped up to the price of $4,000.00/MKR with 24-HR price change of +46.62%. About Maker (MKR):   Based on, Maker (MKR) is now ranked #49.   If you would like to try trading this digital asset on the platform, you may...

Easy Bitcoin Through Fun Game - Legit and Fair

11 Apr 2021 1 minute read 2 comments Sp427

Currently, there is a game on the Apple and Google Play Store that allows you to earn Satoshi through a game that is similar to Geometry Dash. This game is called Alien Run. With many chances to complete levels throughout the day, provided below will...

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...

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...