Mkr price prediction Maker (MKR) is one of the largest decentralized applications (dApps) on the Ethereum blockchain. The Maker technology was designed by a disparate group of developers and is governed by the MakerDAO. Maker (MKR) is the governance token of the MakerDAO. DAO Maker The MakerDAO is a Decentralized Autonomous Organization (DAO) or a cryptocurrency exchange made entirely of Maker shares. These Maker’s MKR shareholders can stake their Maker crypto to vote on proposed changes to the Maker protocol and engage in crypto trade with their Dai token. This maker governance structure has helped Marker maintain its integrity. For all of its vast differences, holding Maker coin in the cryptocurrency market is somewhat similar to owning stock in a traditional company, in the sense that the shareholders have a say in determining how the company functions. The Maker ecosystem was one of the first DeFi projects to achieve significant success- a testimony of a truly effective decentralized exchange governance. Maker’s MKR token goal is to create a DAI stable coin and a crypto asset without concerns over reserve-backing. With the collateralization mechanisms and the further failsafe of MKR, Maker DAO has a secure wallet to protect the value of DAI, which could lead to its wider use. The developers of the Maker project are also working on transparency by sharing their regular me...
