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

Maker DAO (MKR)

245 Articles 11,290 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.

MakerDAO Makes Chainlink, Compound and Loopring Collateral

1 Oct 2020 1 minute read 10 comments Abhimanyu Krishnan

Decentralized stablecoin platform MakerDAO (MKR) on September 30 added support for Chainlink (LINK), Compound (COMP) and Loopring (LRC) to act as collateral to generate DAI. LINK, COMP and LRC can now be used as collateral in Maker Vaults The govern...

Coinbase goes live with MakerDAO Earn & Learn

1 Oct 2020 1 minute read 2 comments ircrp

    With October kicking in, a new Coinbase Earn & Learn campaign is live and expected to be up for a couple of weeks promoting the MakerDAO and DAI native tokens.   The only requirement of the campaign is to have a Coinbase account.     The followi...

Maker (MKR) added to Coinbase Earn

1 Oct 2020 1 minute read 18 comments Mynima

Introduction Morning all, just a quick public service announcement update today. I logged into my Coinbase account this morning and was pleasantly surprised to see a new short 3 video/quiz series for from the Coinbase Earn team. This time the team ha...

Don't forget to collect the MKR (6 $) offered by Coinbase

30 Sep 2020 1 minute read 1 comment benefiTime

Don't forget to collect the MKR offered by Coinbase/ Coinbase is offering $ 6 MKR by taking the Quiz. Also collect Bitcoins on SwissBorg. 🥳 Earn up to € 100 in Bitcoins in 10 minutes with SwissBorg.- Follow my link and deposit the equivalent of 50 €...

Coinbase New Earn Alert // $6 Maker Dao (MKR) Released today

30 Sep 2020 1 minute read 0 comments Nevsie

All of the users here will already know Coinbase and their Earn program. I will not attempt to teach old dogs new tricks. This is simply a notification that the latest coin has been added to their earn program. Maker Dao (MKR) Another stablecoin defi...

Bitpanda added six new DeFi tokens + largest giveaway on Bitpanda yet!

29 Sep 2020 2 minute read 2 comments Jakonfire have added six new DeFi tokens! These six new DeFi token integrations are a great way to build a diversified cryptocurrency portfolio with more than 30 coins and tokens avaible at Bitpanda.    You can now trade six of the most popula...

Syndicate Report: Maker (MKR)

27 Sep 2020 1 minute read 0 comments Keegan Francis

MKR was sold through the syndicate program on September 27/09, 2020. Total Syndicate Contribution CRO: 103,118,048.2 USD: $14,870,653.73 Oversubscription 46.8x Oversubscribed My Syndicate Contribution CRO: 35000 USD: $5,412.02 Refund CRO:...

MakerDAO Won't Compensate Black Thursday Victims

24 Sep 2020 1 minute read 2 comments Abhimanyu Krishnan

The Maker Foundation will not compensate Vault owners, who suffered losses as a result of the Black Thursday market crash, after a governance poll concerning the same concluded on September 22. The poll, which began on September 8, saw over 57,000 v...

Maker Foundation and Pundi X is set to unveil Dai-Agent network in Ghana

22 Sep 2020 2 minute read 1 comment ClaudioxBarros

  The West African nation of Ghana has recently emerged as one of the most crypto-friendly nations in recent years. This newfound prominence has been attributed to a rising number of use cases that show more and more Ghanaians prefer to transfer mone...

MakerDAO - Risk In WBTC Vaults? Unique Behavior Compared to other Assets

2 Sep 2020 2 minute read 1 comment HarmonyMedia

9/1/2020The era of a conservative MakerDAO eroded March 12th. The "whatever it takes" mentality, borrowed straight from Collin Powell's synapses, characterized the atmosphere throughout the emergency period. A certain aggressive viewpoint won in popu...