Cryptocurrency Q&A What is an MKR maker?

What is an MKR maker?

Lucia Lucia Tue Oct 15 2024 | 7 answers 1657
MKR, also known as Maker, is the governance and utility token of the MakerDAO platform. It plays a crucial role in managing the Dai stablecoin system, enabling holders to pay stability fees and participate in system management. Dai, pegged to the US dollar, is a decentralized stable currency used for various applications like loans, leverage trading, and more. MKR's value is closely tied to the performance of the entire Maker system. What is an MKR maker?

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