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Maker Guide: What is Maker (MKR) & Key Things to Know
07/30/2024
Maker (MKR) is a decentralized autonomous organization (DAO) that facilitates the creation of Dai, a stablecoin pegged to the US dollar. This Maker Guide provides an overview of MKR, including its definition, functionality, tokenomics, and the underlying technology that powers it. Learn the key things to know about Maker and how it facilitates decentralized finance.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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