What is Maker?
Maker (MKR) is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token, the Dai, against the U.S. Dollar. MKR holders govern Dai, Dai is a cryptocurrency that is price stabilized against the value of the U.S Dollar. The Dai Stablecoin System was developed by Maker.
There are now $4.47 billion worth of crypto assets locked in prominent decentralized finance (defi) dapps running on ethereum. That’s… read more
Maker has risen by 12% today with new boy DXdao (pictured) up close to 40% as the defi party continues.… read more
Maker (MKR) has added to its governance structure, after selling $27.5M worth of MKR tokens to two Chinese investment funds.… read more
Maker DAO was booming, with interest in DeFi increasing until mid-November. The practice of crypto-collateralized lending boomed at a time… read more
Bitcoin Miner Maker Canaan Down by 0.11% on First Trading Day, But the Whole Industry Shows Great Confidence
China-based bitcoin mining machine manufacturer Canaan Creative has finally concluded its initial public offering (IPO) with $90 million raised. Shares… read more
Maker DAO (MKR) had a field day on Friday, despite the price drop of Bitcoin (BTC) under $9,200. The MKR… read more
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