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What is Maker

¿What is Maker?

Maker is a decentralized network and software platform, both running on the Ethereum blockchain, that gives users access to receive and manage the DAI stablecoin.

Officially launched in December 2017, likewise, maker is a project whose function is to manage the DAI,

DAI is a decentralized, community-driven cryptocurrency with a stable and flexible value connected to the US dollar.

MakerDAO, the first company on top of the maker ecosystem, was developed in 2015 by Rune Christensen, an entrepreneur from Denmark.

¿What does it offer?

Maker offers users to leverage assets to create or generate DAI.

¿How does it work?

This platform works with DAO (Digital Autonomous Organization principles)

This means that the network manages artificial intelligence, to monitor the ability of Maker, to regulate itself and fix DAI.

¿How is Maker regulated?

Being a decentralized network, there is no financial entity that regulates it.

¿Why do people use Maker?

Users employ maker, since its main objective is the stabilization and growth of the network.

¿How is Maker different from other projects?

Unlike other projects, maker adds new collateral asset models to the protocol.

Which allows users to remit new crypto, to generate more DAI.

Select the oracles, platforms whose purpose is to provide reliable data outside the blockchain to the maker system, enriching the network.

¿Where can i buy it?

One of the ways where you can buy MKR is through Binance, since it has a great variety tradable in trade.

You can exchange a cryptocurrency, fiat cryptocurrency or simply use a debit or credit card to buy the stablecoin, bank deposits are also allowed.

¿Where to find more information?

For more information such as movements, prices, explorers, contracts and more, you can visit the following link:

¿Did you know that you can buy and sell online in USDT and BUSD thanks to Gastcoin Gateway?

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