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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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The Votes Are In: MCD Is Authorized!

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

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

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

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

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

What to Count on With the Launch of Multi-Collateral Dai

The discharge of Multi-Collateral Dai (MCD) is barely 10 days away and can mark an enormous milestone reached for the MakerDAO undertaking. MCD...
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Decrease the Stability Charge by 0.5% to a complete of 5% per 12 months...

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

Governance Ballot: Migration Threat Assemble Proposal

Maker Basis Interim Threat Group PLEASE READ IMPORTANT DISCLAIMERS HERE Introduction On November 18th, 2019, the Maker Protocol is scheduled to improve to a brand new model...
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Governance Ballot: Stability Payment Adjustment

Information, tales, and bulletins from Maker. ...
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Making Maker: October 2019

October was all in regards to the Multi-Collateral Dai launch date announcement, Dai person development, and, after all, DevCon 5 in Osaka, Japan.  There’s...

Say Goodbye to CDPs and Howdy to Maker Vaults

Information, tales, and bulletins from Maker. ...
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Take a look at Your Favourite Dapps Pre-MCD Launch

The deliberate launch of Multi-Collateral Dai (MCD) is November 18—lower than three weeks away! To make sure a clean improve from Single-Collateral Dai...

Ought to we preserve not less than a 10 million Dai buffer within the...

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

Information, tales, and bulletins from Maker. ...
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Decrease the Stability charge by 4% to a complete of 5.5% per yr

The Maker Basis Interim Danger Group has positioned an Govt Vote into the voting system, which can allow the neighborhood to vote for a...
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MCD Safety Roadmap Replace: October 2019

The Maker Basis's highest precedence is the safety of the Maker Protocol. As such, now we have devoted many assets (inside and exterior)...
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Governance Ballot: Stability Price Adjustment

Information, tales, and bulletins from Maker. ...
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Decrease the Stability payment by 1% to a complete of 8.5% per yr.

The Maker Basis Interim Threat Crew has positioned an Government Vote into the voting system, which can allow the group to enact a brand...
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Governance Poll: Stability Fee Adjustment

Information, tales, and bulletins from Maker. ...
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Lower the Stability fee by 1% to a total of 9.5% per year

The Maker Basis Interim Threat Staff has positioned an Government Vote into the voting system, which is able to allow the neighborhood to enact...
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MakerDAO and Airtm Partner to Empower Financial Stability in South America

MakerDAO has joined forces with Airtm, a platform that helps folks all around the world entry {dollars} and defend their financial savings from...
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Raise the Stability fee by 3% to a total of 14.5% per year.

The Maker Basis Interim Danger Group has positioned an Govt Vote into the voting system, which is able to allow the neighborhood to...
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Don’t Miss MakerDAO’s Blockchain Week Events in Cape Town, April 18–21

Blockchain Week ZA in Cape City, South Africa, is just some days away, and representatives from the MakerDAO workforce might be there to...
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Upgrades to the Maker Ecosystem Foundation Structure

The previous 12 months has been one in every of implausible progress for MakerDAO. Dai continues to be broadly revered throughout the cryptosphere...
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MakerDAO Collaborates on South Korean Local Government Projects with VANTA Network and HYCON…

Following the official launch of the Nationwide Relayer Marketing campaign in Korea in March 2019, the MakerDAO Korean group labored carefully with its...
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March 2019 – MakerDAO – Medium

It’s been an action-packed month for Maker! Stability Charge will increase, a long-awaited replace on Multi-Collateral Dai, a brand new marketing campaign launch...
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The Road to Multi-Collateral Dai – MakerDAO – Medium

Getting Began with MCDTo start out utilizing and interacting with the above instruments, you will have to get some Kovan ETH, COL1, COL2, COL3,...
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Executive Vote to Raise the Stability Fee to 7.5% – MakerDAO – Medium

The Maker Basis Interim Threat Crew will place an Govt Vote proposal into the voting system to enact a brand new Dai Stability...
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Tweeting crypto for good – MakerDAO – Medium

MakerDAO joins the #PiDay celebration by encouraging donations to charityPiDay (March 14th) has been lengthy celebrated as a geek vacation, so MakerDAO, together with...
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MakerDAO Focuses on Korea: – MakerDAO – Medium

Nationwide Relayer Marketing campaign Designed to Drive Consciousness and Adoption of DaiBecause the official launch of the MakerDAO Korean neighborhood in November 2018, a...
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Raise the Stability Fee to 3.5% – MakerDAO – Medium

The Maker Basis Interim Danger Group will place an Government Vote proposal into the voting system to enact a brand new Dai Stability...
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USD - United States Dollar
EUR
1.11
GBP
1.29
CHF
1.01
NOK
0.11
JPY
0.01
CAD
0.75
AUD
0.68
bitcoin
Bitcoin (BTC) $ 8,084.65
ethereum
Ethereum (ETH) $ 175.06
ripple
XRP (XRP) $ 0.250832
bitcoin-cash
Bitcoin Cash (BCH) $ 239.30
tether
Tether (USDT) $ 1.00
litecoin
Litecoin (LTC) $ 55.02
eos
EOS (EOS) $ 3.09
binancecoin
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bitcoin-cash-sv
Bitcoin SV (BSV) $ 106.47
stellar
Stellar (XLM) $ 0.064757