What is MakerDAO?
Comprehensive information about MakerDAO and its ecosystem
About the Project
MakerDAO has an innovative approach to stablecoins and decentralized governance that has inspired and influenced the development of numerous other DeFi projects, establishing itself as a foundational pillar of the DeFi ecosystem. Its centerpiece, DAI, is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar, maintained through a sophisticated system of smart contracts and collateral assets on the Ethereum blockchain, offering high transparency and trustlessness.
Category & Classification
Category:
DeFi
Tags:
Stablecoin
Decentralized Finance
Blockchain
Cryptocurrency
Lending
Governance