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Maker DAO (MKR)

331 Articles 42,139 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.


ETH, AVA, LUNA and MKR | Chart Analysis | A Beartrap Could Happen | 15 MAR

15 Mar 2022 1 minute read 1 comment Joao16

Today's Learning - Beartrap A Beartrap is basically when the price starts going Down to make everyone believe it will go in that direction but sudently goes UP making everyone that believe in more downtrend to be liquidated.   Ethereum Analysis ETH...

LUNA, BNB, CRO and MKR | Chart Analysis | HUGE Rejection AGAIN | 11 MAR

11 Mar 2022 1 minute read 10 comments Joao16

For more content like this tip me if you can! thank u :)     LUNA Analysis Luna is trying very hard to break above 100$ there is a big resistence there, if Luna break it and manage to stay above even more bull market could come to Luna. But be aware...

An Overlook On DeFi Space | Exploring Top Three Platforms In DeFi | Curve, MakerDAO, Anchor Protocol

9 Mar 2022 2 minute read 1 comment CryptoManthan

Decentralized Finance is the most important aspect of cryptocurrencies and blockchain. It brought the world of finance just a click away and connected thousands of unconnected people to the world of finance, it has opened thousands of opportunities i...

Maker (DAO) Announces $10 Million Reward

7 Mar 2022 1 minute read 8 comments SpartanCrypto

      According to some official twitter posts I have read, MakerDAO is announcing that it will start paying a reward of up to $10 million to white hat hackers and defense experts who can reveal valid security concerns in its smart contracts.      Ma...

ETH, AVAX, LUNA and Maker | Chart Analysis | Breaking Resistences | 01 Mar

1 Mar 2022 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)   Ethereum Analysis ETH manage to hold on EMA500 again and made a huge comeback to 3000 where his first resistence is (EMA56). The nexts days are going to be final to decide if we go lower or h...

ETH, BNB, LUNA and Maker | Chart Analysis | It's going To Break or Not? | 22 FEB

22 Feb 2022 1 minute read 6 comments Joao16

For more content like this tip me if you can! thank u :)   Ethereum Analysis ETH today try to hold again on EMA500 but got a massive rejection and is now ready to break it, in my opinion it's gonna do it tomorrow or in the next few days. If in the n...

BProtocol - Crypto Education in DeFi liquidations

20 Feb 2022 2 minute read 4 comments PVMihalache

B.Protocol is the DeFi backstop liquidity protocol! B.Protocol is the solution for the ever-growing DeFi market, a method to stabilize the DeFi assets volatility and a way forward for DeFi farmers. The idea behind B.Protocol was to make lending platf...

ETH, MKR and AVAX | Chart Analysis |WOW Bull market coming again?| 15 FEB

15 Feb 2022 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)   Ethereum Analysis Ethereum is trying to break above EMA56, but be carefull because from my experience when we have a big bar at the beggining of the day two things can happen, ETH can explod...

Is Crypto's Correction Nearing Its End? Top DeFi Coins To Watch in February

4 Feb 2022 3 minute read 4 comments Mike Ermolaev

Although Bitcoin flirted with gains and clawed back some losses, it then plunged, failing to find momentum for sustained recovery. Many people are wondering where Bitcoin is headed now that it is 47 percent off its all-time high? Source: Casebitcoin...

ETH, MKR and AVAX | Chart Analysis | Be carefull, 2700$ on ETH is Resistence | 01 FEB

1 Feb 2022 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)   Ethereum Analysis Like i said on the last ETH analysis he did not break EMA500 and is now trying to do a pullback, But bitcoin on the other hand did break EMA500 (40k) although he is trying t...