Maker DAO (MKR)

465 Articles 72,252 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.


Forecast Fulfilled

9 May 2025 1 minute read 0 comments Ayman Crypto

Celebrating the realization of our market forecasts. In line with our previous technical analyses of the cryptocurrency markets, we are pleased to report that our forecasts have been remarkably accurate. This achievement underscores the effectiveness...

How Blockchain Could Transform Crisis-Era Finance

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...

How DeFi Could Be the Lifeline for America’s $18 Trillion Debt Crisis

1 Mar 2025 1 minute read 3 comments Myxoplixx

With American household debt skyrocketing to $18.04 trillion by the end of 2024, financial stress has reached historic highs. But amidst the chaos of rising delinquencies and bankruptcies, decentralized finance (DeFi) emerges as a bold contender to...

This Bull Run Hit Different

11 Feb 2025 2 minute read 3 comments Myxoplixx

The 2025 crypto bull cycle stands out as a unique period in the market's history, shaped by an overabundance of tokens rather than scarcity. This dynamic has created significant challenges for liquidity, as the sheer number of cryptocurrencies has g...

In The World Of Crypto - 19 February 2025

19 Feb 2025 1 minute read 0 comments Myxoplixx

The nuanced movements in altcoin markets, amplified by the A.I. outlook, signal not only short-term trading opportunities but also broader trends that could redefine the crypto landscape in the coming weeks. Starting with the altcoins, CryptoCurious...

DeFi Tax Wars

28 Feb 2025 1 minute read 0 comments Myxoplixx

As U.S. lawmakers spar over an IRS tax rule targeting decentralized finance (DeFi), the crypto world is left wondering whether innovation will soon pack its bags and head offshore. With Washington’s attempts to regulate DeFi platforms as brokers spa...

Maker Cryptocurrency (MKR) Analysis

11 Oct 2023 1 minute read 1 comment Ayman Crypto

Hello to everyone, & great congratulations to all followers who trust our analysis (MKR) done well as we predicted in the last article which  was on >>> 15 July 2023 > 11 June 2023 > which means good luck depends on our personal Vision which could be...

Is Ethereum (ETH) Really Decentralized?

26 Feb 2023 1 minute read 9 comments BreakdownFab

Ethereum maxis often criticize other blockchains like Solana (SOL) for not being decentralized enough. However, Oasis, a "decentralized" app allowing to use MakerDAO, recently upgraded a vault smart contract to help Jump Crypto get the money back fro...

Is there hope for Celsius's customers to receive their deposits back anytime soon?

26 Jul 2022 3 minute read 5 comments Greenchic

There was hope of Celsius’s solvency with it’s recent closure of debt positions in various DEFI protocols Last week I narrated my escape from getting my cryptos stuck in Celsius which you can read here. Relief that my precious cryptos were not loc...