What is MakerDAO?
Maker is a Decentralized Autonomous Organization that creates and insures the dai stablecoin on the Ethereum blockchain. Maker is comprised of a decentralized stablecoin, collateral loans, and community governance. The MakerDAO Collateralized Debt Position (CDP) is a core component of the Dai Stablecoin System whose purpose is to create Dai in exchange for collateral which it then holds in escrow until the borrowed Dai is returned.
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MakerDAO DApp Information
- Blockchain
Ethereum - Software License MIT
- Token ERC-20, ERC-721
MakerDAO Contract Addresses
- 0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359
- 0x9b0ccf7c8994e19f39b2b4cf708e0a7df65fa8a3
- 0x448a5065aebb8e423f0896e6c5d525c040f59af3
- 0xbda109309f9fafa6dd6a9cb9f1df4085b27ee8ef
- 0x9b0f70df76165442ca6092939132bbaea77f2d7a
- 0xf53ad2c6851052a81b42133467480961b2321c09
- 0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2
- 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2
MakerDAO Features & Tech Specs
- Dai Stablecoin – Dai (DAI) is a USD-pegged stablecoin built on the Ethereum blockchain.
- CDP Portal – The MakerDAO Collateralized Debt Position (CDP) is a smart contract which runs on the Ethereum blockchain. It is a core component of the Dai Stablecoin System whose purpose is to create Dai in exchange for collateral which it then holds in escrow until the borrowed Dai is returned.
- Governance – The Maker Foundation Interim Risk Team has placed an Executive Vote into the voting system, which will enable the community to enact a new Dai Stability Fee of 16.5%. The Executive Vote (FAQ) will continue until the number of votes surpasses the total in favor of the previous Executive Vote.
- Platform Data – MKR.tools is an independent MakerDAO platform data analytics site built by Mike McDonald with help from community contributers: Marc-Andre Dumas, and more.
Supported Cryptocurrencies
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