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.


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11 Apr 2025 2 minute read 0 comments Myxoplixx

During my crypto journey, I’ve spent a significant amount of time unraveling the tangled web of digital assets and their growing influence on global finance. With recession fears looming large, one question keeps surfacing. Can crypto and blockchain...

Maker Cryptocurrency (MKR) Analysis

15 Apr 2025 1 minute read 0 comments Ayman Crypto

(MKR) is trading at the moment in the area of $ 1370.00 Maker Cryptocurrency (MKR) has been moving in a downtrend. Our technical indicators show the efforts that have shown some positive movement in the last days, with increases ranging. to get back...

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This Bull Run Hit Different

11 Feb 2025 2 minute read 3 comments Myxoplixx

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Maker (MKR) - the Titan that keeps DAI stable!

21 Jun 2020 4 minute read 24 comments PVM

This week, Coinbase added Maker (MKR) the platform, and I realized that I don't know much about it, only that Maker  ... makes DAI ... doh !!! With the current price around $450, and a market cap at nearly $450 million, is predicted that Maker will b...

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...

Maker Cryptocurrency (MKR) Analysis

20 Feb 2023 1 minute read 0 comments Ayman Crypto

Maker Cryptocurrency (MKR) needs volume to flay high This means that when the market starts going uptrend I think will be the black horse of the race track, volume will make the difference. Let's view its performance as the highest historical price o...

Aave's New Proposal Has the Token Soaring! So, Let's Review It

1 Aug 2024 3 minute read 2 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...