Maker (MKR)

23 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.


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7 Jul 2019 1 minute read Snow Under Sun $0.10 tipped

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4 Jul 2019 2 minute read Cryptofivers $0.05 tipped

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What is DAI? A simple explanation

28 Jun 2019 10 minute read Roberto D. $0.03 tipped

In December 2017, the Maker company released their long awaited system for a decentralized "stablecoin", called Dai (DAI). A stablecoin, as the name suggests, is a currency whose value is (relatively) stable, therefore lacking the wide fluctuations t...

MakerDAO - A Decentralized Financial Ecosystem - Technical + Fundamental Analysis

19 Jun 2019 3 minute read chrispop $4.45 tipped

There is no doubt that MakerDAO, together with its two tokens MKR and DAI, has been making some big waves in the cryptocurrency land recently. And I'm confident that after you read this article you will convince yourself why! Fundamental Analysis I w...

What is the MakerDAO CDP?

8 Jun 2019 3 minute read Ethan Winter $2.88 tipped

The MakerDAO CDP is a financial instrument that has never existed before in the history of the world, save for governments themselves. CDP stands for Collateralized Debt Position, and is very similar to how a person with a mortgage could get a loan a...

DAI: The Decentralized Stablecoin

5 Jun 2019 5 minute read jwrandolph $6.42 tipped

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DAI Token Integrated For Tipping on Publish0x

3 Jun 2019 1 minute read Dan Bainbridge $12.11 tipped

Today we are super excited to integrate our 3rd token for tipping - DAI . The eth based stable coin created by the Maker DAO project smart contract. It's important to note that this is NOT a "sponsorship". We haven't taken any payment from MakerDAO o...

Everything you need to know about MakerDao and Dai

1 Jun 2019 14 minute read Zoran Spirkovski $9.34 tipped

The MakerDao is a smart contract on the Ethereum blockchain representing a decentralized collateral-backed cryptocurrency (DAI - a stable coin following the value of the US dollar), providing collateral loans, and a community governance system. The p...

MakerDao: The Decentralized and Democratic Path to Leveraged Positions

30 Mar 2019 9 minute read Alexander Niski $3.85 tipped

Humans have been borrowing things from each other for a long time. We’ve spent the majority of our evolution--some 70,000 years--in tribes of 100-200 members, so borrowing most likely took place using the IOU method that we still use today between fa...