Maker (MKR)

23 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.


DAI Token Integrated For Tipping on Publish0x

3 Jun 2019 1 minute read Dan Bainbridge $12.11 tipped

Today we are super excited to integrate our 3rd token for tipping - DAI . The eth based stable coin created by the Maker DAO project smart contract. It's important to note that this is NOT a "sponsorship". We haven't taken any payment from MakerDAO o...

Everything you need to know about MakerDao and Dai

1 Jun 2019 14 minute read Zoran Spirkovski $9.32 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...

DAI: The Decentralized Stablecoin

5 Jun 2019 5 minute read jwrandolph $6.42 tipped

We are in the midst of the longest crypto bull run since 2017. If you’re like me, you’re feeling good about the assets that you have going way up in value, and maybe, also feeling bad that you didn’t buy more a month ago. Among all these coins that a...

MakerDAO - A Decentralized Financial Ecosystem - Technical + Fundamental Analysis

19 Jun 2019 3 minute read chrispop $4.45 tipped

There is no doubt that MakerDAO, together with its two tokens MKR and DAI, has been making some big waves in the cryptocurrency land recently. And I'm confident that after you read this article you will convince yourself why! Fundamental Analysis I w...

MakerDao: The Decentralized and Democratic Path to Leveraged Positions

30 Mar 2019 9 minute read Alexander Niski $3.83 tipped

Humans have been borrowing things from each other for a long time. We’ve spent the majority of our evolution--some 70,000 years--in tribes of 100-200 members, so borrowing most likely took place using the IOU method that we still use today between fa...

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

1 week ago 2 minute read Ra.Tomps $3.65 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...

It Amazes Me How Massively Undervalued MakerDAO (MKR) Is

3 weeks ago 5 minute read h00li $3.40 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...

3 Crypto Projects That Are Soon To Surprise The Mainstream

1 week ago 3 minute read Adamic0 $3.38 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...

What is the MakerDAO CDP?

8 Jun 2019 3 minute read Ethan Winter $2.88 tipped

The MakerDAO CDP is a financial instrument that has never existed before in the history of the world, save for governments themselves. CDP stands for Collateralized Debt Position, and is very similar to how a person with a mortgage could get a loan a...

A Quick Review Of Maker Project

5 days ago 3 minute read Rumi $2.75 tipped

Whаt іѕ Maker DAO? Maker DAO іѕ а protocol bеhіnd thе stable coin DAI — a cryptocurrency thаt maintains а 1:1 peg tо thе USD. Thіnk оf 1 DAI аѕ $1. Whаt mаkеѕ іt unique іѕ еасh DAI іѕ backed bу Ether іnѕtеаd оf а 3rd party claiming tо hаvе thе requ...