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MakerDAO is a decentralized organization whose mission is to enable greater financial freedom. It uses the Maker protocol and two native tokens, MKR and DAI, to let anyone borrow funds by supplying collateral.
All upgrades to MakerDAO are decided by the community of MKR token holders. The system is structured to reward prudent management and always ensure Dai is backed by an excess of collateral.
By providing secure, stable, and transparent financial tools, MakerDAO hopes to increase economic empowerment for users around the world.
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