MakerDAO — An Unbiased Global Financial System

Since 2014, MakerDAO has set out to build an unbiased global financial system. They originally launched the Dai stablecoin, which is pegged to the US Dollar, but has since expanded to include a variety of other assets.

MakerDAO is a decentralized autonomous organization (DAO) on the Ethereum blockchain. This means that it is run by smart contracts, and anyone can participate in its governance. The Maker team has created a suite of tools, including the Dai stablecoin, to help people interact with the Ethereum blockchain in a more user-friendly way.

The Dai stablecoin is the first cryptocurrency that is pegged to the US Dollar. This means that its value is stable, and it can be used to trade or pay for goods and services without the volatility of other cryptocurrencies. The Dai stablecoin is powered by the Maker Protocol.

What Is the Maker Community?

The MakerDAO Community is a group of people who are passionate about finance and blockchain technology. The Community is decentralised and anyone can join. There are no membership fees. The MakerDAO Community builds and maintains the Maker Protocol, which is a set of smart contracts that enables the creation of Dai, the world’s first decentralized stablecoin.