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

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.

My latest Watercolor Painting Timelapse

16 May 2020 1 minute read 3 comments OG Crypto

This is my latest Watercolor Painting Timelapse from a photo of the sunset on the Rideau River near Manotick Ontario in Canada.  I know that a lot of crypto Artists are selling digital copies of their Artwork on places like but I thin...

The MakerDAO governance method does not work satisfactorily

14 May 2020 2 minute read 0 comments Jumble

What is governance? In a decentralized organization, such as blockchain platform, a governance method is used to make decisions about changes or updates to the platform’s operational rules. In a centralized organization, the executive leadership does...

What is the MakerDAO?

10 May 2020 1 minute read 2 comments Emir Can

MakerDAO is a decentralized organization. We can write smart contracts with makerdao that work on eth blogchain.       -Maker eth can offer various financial services using blogchain. And it eliminates centralized administration. - The solutions off...

Why it’s important for ETH holders to know the DAO story

10 May 2020 2 minute read 8 comments Pot Project

Why it’s important for ETH holders to know the DAO story  The DAO was one of the first events of great importance relevant to the Blockchain Ethereum technology and lead to the fork of the Blockchain Ethereum. First of all it must be said that The DA...

MakerDAO's Wrapped Bitcoin Makes it Possible to Generate DAI from Bitcoin

4 May 2020 1 minute read 2 comments Abhimanyu Krishnan

The MakerDAO governance voted in favor of supporting Bitcoin's addition  Bitcoin becomes 4th asset capable of generating DAI Wrapped Bitcoin (wBTC) expected to increase liquidity for DeFi  On May 3, the MakerDAO’s governance community voted in favo...

Crypto News Roundup (May 4, 2020)

4 May 2020 1 minute read 0 comments takitachibana

As of 2:48 pm PH time: Bitcoin is $8,694 (-4%) Ethereum is $20.56 (-6.93%) XRP is $0.21 (-4.63) Read a roundup of cryptocurrency news today, May 4, 2020. Bitcoin Miners produced 16 blocks in 1 hour (it's usually just 6 blocks per hours) A new bi...

4 Crypto Projects Vitalik Buterin Keeps Talking About

4 May 2020 7 minute read 11 comments kevW!ls0n

MakerDAO Maker is the largest DeFi (Decentralized Finance) platform in the cryptocurrency industry, holding a total of $447 million locked within its smart contracts at the moment of writing: source: It is a platform tha...

P/E Ratio for Cryptocurrencies

1 May 2020 6 minute read 2 comments yourmitchy

Investing in cryptocurrencies can be extremely lucrative, that is if you choose the right ones to invest in. Many cryptos have, and can again, show a 10x, a 100x, and maybe even a 1000x return on investment.  These types of returns in crypto are unpa...

I was angry but now I'm not

26 Apr 2020 2 minute read 0 comments lowededwookie

Wooden Wookie is my name. This is not my real name of course. My parents aren't that inventive. It's actually a title in some ways as it's built on top of a username I've had for close to 20 years now. This name describes what I am about... a woodwo...

Meditations on decentralisation

24 Apr 2020 5 minute read 0 comments dmngdsm

Photo by Jeffrey Czum on Unsplash AdEx Network was born in the crowd. Back in 2017 we were a bunch of kids with an advertising problem in sight and a possible solution in mind. Three versions of a protocol for decentralised advertising, an open plat...