Ethereum-based banking alternative Monolith joins forces with MakerDAO and Digix to bridge decentralized and traditional finance.
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Why stablecoins like Tether, Facebook Libra and Maker Dai are important infrastructure in the crypto markets. What role stablecoins have in the mass adoption of digital assets and what could be their regulatory framework.
MakerDAO and Compound enjoy 100-fold increase in money deposited thanks to a user-friendly gateway called InstaDapp.
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What's going on with MKR?
Although MKR is not available to trade, you can get price alerts, news, and more with a Coinbase account.