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.
For more see: Maker (MKR)
Dai is used all over the world.
Some of the top use cases include:
Inflation protection
DeFi products & services
Gaming
Digital Art
E-commerce
Read about each one in detail:
https://blog.makerdao.com/the-top-five-ways-the-dai-stablecoin-is-used-around-the-world/
An Executive Vote has been added to:
📈Increase the surplus buffer from 2M to 4M
🔮Whitelist B.Protocol on the ETHUSD Oracles (Medianizer + OSM)
More info can be found here: https://blog.makerdao.com/executive-vote-october-23-2020/
MKR holders can vote at the NEW voting portal here: http://vote.makerdao.com
.@SomniumSpace has big plans for VR and we're thrilled to be a part of them! Check it out:
🚨IMPORTANT ANNOUNCEMENT:
Announcing new set of features: 🏞️Somnium WORLDS || 🌐Somnium WEB || 🧑🤝🧑Blockchain AVATARs
We are welcoming @MakerDAO, @opensea, @NEARProtocol, @gamecredits & @admixplay to Somnium Space!
📜Read more on Medium: https://somniumspace.medium.com/announcing-somnium-worlds-somnium-web-blockchain-avatars-slo-details-prices-81ec741e2d3a
🔽Thread: 1⃣/7
Did you know Maker has weekly informal Governance Q&A sessions anyone can join to understand more about how Governance works?
If you have any questions, this is the place to ask them and learn:
https://forum.makerdao.com/t/meeting-governance-q-a-sessions/4633
@MakerDAO joins forces with CryptoLocally to build more P2P communities globally!
With this partnership, we can improve accessibility to #Cryptocurrency & Financial services for everyone across the globe. 🚀
#Defi #CryptoForEveryone
Learn more👇👇
https://cryptolocally.medium.com/cryptolocally-partners-with-makerdao-to-increase-the-accessibility-of-defi-around-the-world-fa07df6afc2b
Excited to announce the new Maker Voting Portal! 🗳️
Completely redesigned with a focus on ease-of-use, it includes a TON of changes:
📄A new landing page with a quick overview of what actions are available to take right now, system stats, and highlighted recent votes.
Just released!
Our podcast with Greg DiPrisco @g_dip of @MakerDAO
We discuss stablecoins - what are they anyways? - and the world of Maker and Dai 🤓
This episode is 🔥🔥🔥
We are on Spotify and Apple under the Ether Capital Podcast - check it out!
https://podcasts.apple.com/ca/podcast/ether-capital-podcast/id1533981524
Multiple Governance Polls have been added.
Voters are now able to signal their support to/for:
A series of Greenlight Polls for potential collateral types:
🟢UNI-V2-USDT-ETH (Uniswap USDT-WETH Liquidity Tokens)
🟢aUSDC (Aave USDC)
🟢CRO (http://Crypto.com Coin)
More 👇
FriDAI Brunch #6 is going to be a good one!
It will focus on inclusion and diversity while sharing learnings, advice, and encouragement from some of our friends in the space.
Sign up here:
https://www.crowdcast.io/e/fridai-brunch-6/register