Maker DAO (MKR) News, Price Predictions, Opinions and Analyses Created by Users

Maker DAO (MKR)

246 Articles 11,830 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.


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

16 Apr 2021 2 minute read 5 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 thecrypto.app, Maker (AE) is now ranked #49.   If you would like to try trading this digital asset on the platform, you may c...

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...

Crypto Launchpads

9 hours ago 4 minute read 1 comment RelyOnCrypto

The next big trend in crypto right now after Defi and NFTs are Launchpads. ICOs, Initial Coin Offerings, was viewed as a viable alternative to IPOs, Initial Public Offerings, but unfortunately, they failed miserably. One of the major challenges this...

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...

MakerDAO TVL Nears $5B

29 Jan 2021 1 minute read 26 comments Abhimanyu Krishnan

The TVL of MakerDAO protocol is nearing $5 billion, having reached $4.85 billion as of Jan. 29. Having gained over $2 billion in TVL since the start of the year, Maker is the DeFi protocol with the highest value locked in, ahead of Aave (AAVE) with...

What is DeFi?

7 Mar 2021 2 minute read 7 comments chris04

DeFi is the acronym for Decentralized Finance or the offer of a series of financial services, which by exploiting the potential of platforms and protocols that allow the automatic execution of smart contracts (Erc-20 or BEP20), eliminate financial in...

What Is Yield Farming?

15 Feb 2021 1 minute read 5 comments chris04

What is yield farming?Yield farming is a way to make money by holding cryptocurrency holdings. In summary, it means blocking cryptocurrencies for rewards. But is it the same as staking?In a sense, yield farming can be compared to staking as both stra...

Crash Lovers - Daily USDT Rewards

8 Mar 2021 1 minute read 5 comments Sp427

Anyone that participates in crypto-based gambling is familiar with the game crash. In this article specifically, I will highlight the extensive benefits from TrustDice.win's crash game. Daily, you can earn up to nearly 20 USDT through betting. With...

MKR/USDT Retail Market Structure: Q1 2021 so far

6 Mar 2021 1 minute read 0 comments idm

This post examines MKR/USDT retail price and volume movement from Jan-01 to Mar-05. MKR (Maker DAO) started the year trading just above 500 USDT. Moderate volume brought the price above 1000 USDT early in the second week of January. Also in the seco...