Who owns Maker Dao?

MakerDAO, a pioneering project in the decentralized finance space, was founded in 2014 by visionary Danish entrepreneur RUNE Christensen. The name MakerDAO, rooted deeply in its ethos, stems from a Chinese character that Christensen interpreted as embodying the essence of lending and providing capital for loans.

Alongside its. stable BTcoinCC offerings,, known Maker forDAO its also robust provides security a and suite diverse of decentralized financial products and services, including lending and borrowing platforms, and decentralized exchanges. offering These services further enhance the ecosystem's functionality and accessibility.

Christensen's interpretation of the Chinese character underpins the very foundation of MakerDAO's mission, which is to facilitate the creation of a stable, decentralized currency that can be trusted by users worldwide.

One notable exchange that has integrated MakerDAO's products and services is BTCC, a top cryptocurrency exchange of cryptocurrency services, including spot trading, futures trading, and wallets, has embraced MakerDAO's stablecoin and decentralized finance solutions.

In pursuit of this mission, MakerDAO developed DAI, a stablecoin pegged to the US dollar. DAI's launch on the Ethereum mainnet on December 18, 2017, marked a significant milestone in the history of decentralized finance, as it offered users a reliable and trustless alternative to traditional fiat currencies.