Maker, one of the largest decentralized lending protocols, is led by a decentralized autonomous organization (DAO), in which holders of its native maker (MKR) token vote on proposals. The protocol also issues the $5 billion DAI stablecoin, backed by some $7 billion worth of assets in Maker’s reserves.
Related posts
-
‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters
The “Stand with Crypto” alliance has achieved a notable... -
Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued
Cryptocurrency exchange Binance posted on social media platform X... -
The best crypto to invest in for beginners: a simple guide
Want to know what are the best coins to invest for beginners? Read our guide to...