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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.

Government Vote: Add USDC-B and TUSD as New Collateral Sorts

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

The Dai Backstop Syndicate: Decentralization at Work

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The Maker Protocol is the muse of MakerDAO’s decentralized Dai stablecoin, Vaults, Oracles, and Governance, and the decentralized finance (DeFi) ecosystem. Whereas the...

Formally Ratify the MIP0c12-SP2 Subproposal for Onboarding a Second Governance Facilitator

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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 the...

Governance Polls: Add Collateral Sorts, Neighborhood Greenlights, and extra

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The Maker Basis Interim Threat Group has positioned a sequence of Governance Polls into the voting system which presents additions of USDC-B and TUSD as...

Govt Vote: Change the Stability Price Construction and Increase the USDC Stability Price

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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...

How Dai Grew to become A Favourite Crypto in Latin America

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Latin Individuals grasped the importance of cryptocurrency at an early stage. Confronted with struggling economies, hyperinflation, and capital controls, many individuals all through...

Government Vote: Decrease the WBTC Stability Payment

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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 group to...

Shake Off Your Worry of Cryptocurrency

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Cryptocurrency could be obscure. Trade jargon could be complicated, the advantageous factors of blockchain and distributed ledger know-how can overwhelm new customers, and...

Government Vote: Increase USDC Stability Price

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

How Dai Helps Meet the Wants of the Unbanked in America and Past

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

The First Maker Enchancment Proposals (MIPs) Ratification Vote Passes; Governance Cycle has Begun

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On Might 2, the 13 preliminary Maker Enchancment Proposals (MIPs) and a couple of Subproposals—the MIP Editor Onboarding Subproposal and the Good Contracts...

WBTC Accredited as Collateral by Maker Governance; Generate Dai Now with Bitcoin

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On account of an Govt Vote held this afternoon, MKR holders have accepted WBTC (wrapped Bitcoin) as a brand new collateral asset within...

The Maker Enchancment Proposals (MIPs) Ratification Vote Is Reside

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On April 30, the Maker Enchancment Proposals (MIPs) Timing Ballot concluded. The ballot resulted within the Maker group figuring out that it might...

Government Vote: Decrease USDC SF, Add WBTC, Ratify the Preliminary MIPs and Subproposals

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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...

Making Maker: April 2020

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April was a particularly busy month for the Maker group! Governance was in excessive gear as stakeholders deliberate the shutdown of Single-Collateral Dai...

Elevate the ETH Debt Ceiling

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The Maker Basis Interim Threat Group has positioned an Govt Vote into the voting system, which is able to allow the group to...

The Maker Basis Varieties a New Board of Administrators

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

The Maker Enchancment Proposals (MIPs) Timing Ballot is Dwell

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The Maker Enchancment Proposals (MIPs) Timing Ballot is Dwell

How and Why to Self-Combine Dai into Decentralized Apps

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

An Introduction to the Maker DeFi Ecosystem

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

An Introduction to the Maker DeFi Ecosystem

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

Changes to Dai Stability Payment, Governance Safety Module, and extra

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The Maker Basis Interim Threat Staff has positioned a sequence of Governance Polls into the voting system which presents a Dai Stability Payment adjustment, GSM Module adjustment, MKR Oracle...

A Information to Single-Collateral Dai (Sai) Shutdown

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The Shutdown of Maker’s Single-Collateral Dai (Sai) system is an occasion the group has been anticipating because it was first formally mentioned within...

Govt Vote: Alter the USDC, Sai, and Dai Stability Charges

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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 the...
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Maker (MKR) $ 428.36
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