Cryptocurrency Q&A
What is the point of MakerDAO?
What is the point of MakerDAO?
Leonardo
Tue Oct 29 2024
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6 answers
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I'm curious about MakerDAO. I've heard it's related to blockchain and decentralized finance, but I'm not sure exactly what its purpose is or how it fits into the larger crypto ecosystem.
6 answers
Riccardo
Thu Oct 31 2024
MakerDAO stands as a decentralized blockchain protocol.
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IncheonBeautyBloomingRadianceGlow
Thu Oct 31 2024
It allows users to engage in borrowing and lending activities with cryptocurrencies.
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CryptoWanderer
Thu Oct 31 2024
The platform was established in the year 2017.
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BusanBeautyBloomingStar
Wed Oct 30 2024
MakerDAO operates seamlessly on the Ethereum blockchain.
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Chiara
Wed Oct 30 2024
The protocol serves dual purposes. It functions as a lending and borrowing service.
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