Maker DAO (MKR)

48 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.


Multi-Collateral Dai Is Live - Here's How to Upgrade Sai

2 weeks ago 2 minute read The Part Time Economist $1.73 tipped

The new Multi-Collateral Dai just launched a few hours ago, and it is now possible to upgrade from your old Dai (Sai) to the new Multi-Collateral Dai (MCD) by visiting https://migrate.makerdao.com/. As promised in my previous article, I will show you...

Maker (MKR) - A Token With A Limited Supply Of 1-Million Units

2 May 2019 4 minute read fycee $1.57 tipped

I am in great search of cryptocurrencies that has a really low supply because chances are, these kind of digital assets could reach their highest values ever, in USD in a short period of time. Maker (MKR) was introduced to the market last January 201...

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

31 Jul 2019 2 minute read CryptoMoneyMaker $1.49 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...

 Showing You My 2 Coins I Just Purchased #showmyportfolio

7 Jul 2019 2 minute read kevW!ls0n $1.13 tipped

MKR and VET are my top coins of choice and I know I am not alone thinking these 2 projects are great! Split pretty even between them both - check them out in my portfolio below! Let me start by explaining why I have chosen these two projects to inve...

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

12 Aug 2019 1 minute read ONEROOT $0.86 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...

Dai is now on Coinbase Earn!

22 Jun 2019 1 minute read Optimist $0.54 tipped

A quick public service announcement - Dai is now available on Coinbase Earn! Dai needs little introduction as the most successful algorithmic stablecoin in the ‘Decentralised Finance’ space, with reams of detailed information online. Coinbase as well...

The Magic Behind MakerDAO

11 Mar 2019 2 minute read jeffthebaker $0.41 tipped

Last post I wrote, I gave an introduction to Decentralized Autonomous Organizations with a special emphasis on MakerDAO (which is, in my opinion, the best DAO on the market). There was a lot of information crammed into that post, so below I will writ...

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

29 Jul 2019 2 minute read Cryptokoala $0.35 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...

info for crypto fintechs : ASEAN key highlights and fintechs overview with metrics.

6 Jul 2019 1 minute read Snow Under Sun $0.24 tipped

ASEAN ( Association of South East Asian Nations ) is EU style union.  here is some details and metrics ASEAN market profile and detailed overview about ASEAN fintechs. This data can be useful for cryptocurrency start-up who wants to penetrate ASEAN m...

Sharing how I leverage DeFi and showing my Portfolio.

13 Jul 2019 1 minute read 0xMaki $0.10 tipped

I just learned there was a #ShowYourPortfolio contest on Publish0x so I will try to outline quickly what is currently going on in my portfolio and why it is so "bland". One thing that makes me excited about the whole Ethereum protocol is how it is en...