MakerDAO is a decentralized autonomous organization managing the Maker Protocol. Users lock crypto collateral and borrow DAI (a $1-pegged stablecoin). MKR holders vote on risk parameters, collateral types, and stability fees. The protocol maintains DAI peg through governance and economic mechanisms with 150% collateralization requirement.
Joined onTue Feb 03 2026Validated onWed Feb 04 2026Likes15000Favorited3000