MakerDAO
The protocol behind Dai, the world's first unbiased currency.
Overview
MakerDAO is a decentralized autonomous organization (DAO) that governs the Maker Protocol. The protocol allows users to generate Dai, a decentralized stablecoin soft-pegged to the US Dollar, by locking up collateral assets in smart contracts. This creates a decentralized and permissionless lending system.
✨ Key Features
- DAI stablecoin generation
- Collateralized Debt Positions (Vaults)
- Decentralized governance (MKR token)
- Dai Savings Rate (DSR)
🎯 Key Differentiators
- Governs the leading decentralized stablecoin, DAI
- Long-standing and battle-tested protocol
- Strong focus on decentralization
Unique Value: Offers a decentralized, censorship-resistant stablecoin (DAI) that is a fundamental building block for the entire DeFi ecosystem.
🎯 Use Cases (3)
✅ Best For
- Decentralized stablecoin issuance
- On-chain credit system
💡 Check With Vendor
Verify these considerations match your specific requirements:
- High-frequency trading
🏆 Alternatives
Unlike centralized stablecoins, DAI is backed by on-chain collateral and governed by a decentralized community.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Live Chat
🔒 Compliance & Security
💰 Pricing
Free tier: Protocol usage is permissionless; fees are based on stability fees for borrowing DAI.
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