Cryptocurrency Q&A Is MKR decentralized?

Is MKR decentralized?

Eleonora Thu May 23 2024 | 5 answers 1364

Could you please elaborate on the decentralization aspect of MakerDAO's MKR token? Is MKR truly decentralized, and if so, how does its decentralization contribute to the overall security and stability of the Maker Protocol? Also, are there any centralized elements that might potentially undermine the decentralization of MKR, and if so, what are the measures taken to mitigate these risks? Thank you for your insights. Is MKR decentralized?

Is MKR decentralized?

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