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Maker (MKR)

Maker is an asset-backed decentralized “stable coin” based on the Ethereum blockchain. Stable coins are a revolutionary approach to digital money as they remove large price volatilities in the coins.

Maker’s autonomous smart contract system is designed specifically to react to market fluctuations, keeping the price of 1 Dai equivalent to US$1. Each Dai is backed by Ether tokens as collateral, and is secured with an Ethereum smart contract.

In the event that the price of Ether drops below the predetermined threshold, the smart contract would automatically liquidate, keeping the collateral at a safe level and therefore preventing the Dai token from collapse.

By holding a MKR token, you become a member of Maker’s DAO and are entitled to certain rights as defined in Maker’s technical documents.

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Govt Vote: Activate DSR and Dai Stability Price Changes

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The Maker Basis Interim Governance Facilitator has positioned an Govt Vote into the voting system, which can allow the group to approve alterations...
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Govt Vote: Activate DSR, Dai Stability Charge, and Sai Stability Charge Changes

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The Maker Basis Interim Governance Facilitator has positioned an Govt Vote into the voting system, which is able to allow the neighborhood to...

The Maker Basis Transfers Logos and Software program IP to Unbiased Dai Basis

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Information, tales, and bulletins from Maker. ...

Making Maker: December 2019

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Comfortable HoliDais from the Maker Basis! We shut out the 12 months on a really excessive be aware, due to the profitable launch of...
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Alter Debt Ceilings, Sai Stability Payment, and the DSR

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Information, tales, and bulletins from Maker. ...

Maker Telegram AMA with Alina Yao of OKEx

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Information, tales, and bulletins from Maker. ...
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A Big Leap Towards System Decentralization

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Information, tales, and bulletins from Maker. ...

Maker Basis Declares $27.5 Million MKR Sale to Dragonfly Capital Companions and Paradigm

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Information, tales, and bulletins from Maker. ...

OKEx Turns into the First Main Platform to Combine Maker’s Dai Financial savings Charge

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Information, tales, and bulletins from Maker. ...
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Activate the Governance Safety Module

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The Maker Basis Interim Governance Facilitator has positioned an Govt Vote into the voting system, which can allow the group to approve a...

The Governance Safety Module (GSM)

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Information, tales, and bulletins from Maker. ...
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Government Vote: Regulate Debt Ceilings, Sai Stability Charge, and the DSR

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The Maker Basis Interim Governance Facilitator has positioned an Government Vote into the voting system, which is able to allow the neighborhood to approve...
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Governance Polls: Sai Stability Price, Dai Stability Price, and DSR Adjustment

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Information, tales, and bulletins from Maker. ...

Making Maker: November 2019 – The Maker Weblog

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November has been a history-making month for MakerDAO and everybody within the Maker neighborhood. Multi-Collateral Dai (MCD) launched as anticipated on November 18, ...
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Substitute Debt Public sale contract in MCD and take away the MKR oracle delay...

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Information, tales, and bulletins from Maker. ...

MakerDAO weblog has moved

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Please see the newest MakerDAO information, updates, and extra at weblog.makerdao.com!MakerDAO weblog has moved was initially revealed in MakerDAO on Medium, the place...
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Decrease the Sai Stability payment by 1% to a complete of 4% per 12...

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The Maker Basis Interim Threat Workforce has positioned an Government Vote into the voting system, which is able to allow the group to vote...
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Foreign money Re-imagined for the World: Multi-Collateral Dai Is Dwell!

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At this time, at 16:00 UTC, Multi-Collateral Dai (MCD) launched! Starting instantly, anybody, anyplace can improve their Sai to Dai simply via MakerDAO’s Migration...
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Introducing Oasis Borrow and Save

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Information, tales, and bulletins from Maker. ...

Creating the Model Id for the World’s First Unbiased Forex, Dai

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Information, tales, and bulletins from Maker. ...
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Why the Dai Financial savings Charge is a Sport-Changer for the DeFi Ecosystem, and...

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Cryptocurrencies, particularly stablecoins like Dai, enable folks in all places to attain monetary independence, no matter their circumstances and with out assist—or interference—from...
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The Votes Are In: MCD Is Authorized!

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At  22:25 UTC right now, MKR holders made historical past, ratifying the gathering of system parameters wanted to activate Multi-Collateral Dai (MCD), and...
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Govt Vote: Multi-Collateral Dai Launch – November 18, 2019

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Information, tales, and bulletins from Maker. ...

Single-Collateral Dai to Multi-Collateral Dai Improve Timeline and Actions

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Information, tales, and bulletins from Maker. ...
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Governance Ballot: Stability Charge Adjustment

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Information, tales, and bulletins from Maker. ...
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USD - United States Dollar
EUR
1.10
GBP
1.31
CHF
1.03
NOK
0.11
JPY
0.01
CAD
0.76
AUD
0.68
bitcoin
Bitcoin (BTC) $ 8,740.03
ethereum
Ethereum (ETH) $ 169.69
ripple
XRP (XRP) $ 0.231531
bitcoin-cash
Bitcoin Cash (BCH) $ 370.86
bitcoin-cash-sv
Bitcoin SV (BSV) $ 293.85
tether
Tether (USDT) $ 0.998569
eos
EOS (EOS) $ 3.94
litecoin
Litecoin (LTC) $ 58.77
binancecoin
Binance Coin (BNB) $ 17.56
cardano
Cardano (ADA) $ 0.045172