Maker (MKR) is a token that gives voting rights to the borrowing system that is used to generate the decentralized stable coin DAI.

What is DeFi?

DeFi is short for Decentralized Finance. DeFi describes decentralized lending, borrowing, and interest-bearing systems like Maker and Compound, most of which are Ethereum-based.

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A Quick look at the Maker / Dai Drama

The longstanding top Ethereum project Maker (MKR) was one of the best preforming coins of the bear market. However, drama has since circled around Maker DAO (the Maker organization) and Dai (the stable coin attached to Maker).

What is Maker (MKR) / Dai?

Maker (MKR) is a token that gives voting rights to the borrowing and lending system used to generate the decentralized stable coin Dai.