Name : Maker (MKR)
MKR Price : $1,364.40500 +0.09%
Consensus Mechanism : The Maker Protocol
Volume: 68,718,937
Market Cap: 1,192,245,143
Shariah Judgement
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Last Screening: Q3 2024
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Overview
MakerDAO is an open-source project and Decentralized Autonomous Organization (DAO) on the Ethereum blockchain, launched in 2014, that governs the Maker Protocol and the DAI stablecoin. Managed by MKR token holders through a system of Executive Voting and Governance Polling, MKR provides voting rights proportional to the amount staked, allowing participants to influence the protocol's development and financial risk management to maintain DAI's stability. Initially conceived in 2015 and fully launched in 2017, MakerDAO is a pioneer in the decentralized finance (DeFi) space, aiming to create community-managed financial products with a stable value soft-pegged to the US dollar. While MKR tokens do not yield dividends, their value is expected to rise with the success of DAI, and the system is subject to audits by certified firms to ensure security and compliance.
Whitepaper & Documents
Sharlife uses TradingView technology to present price information through charts. TradingView serves as a charting platform catering to a worldwide community of traders and investors. With robust support across browsers, desktops, and mobile applications, the platform offers exceptional access to real-time data such as Dow Futures and BTC USD Chart, as well as the latest news, financial reports, stock screener, and economic .
COMMENTS
1 Comments
Firnas
21 days agoDear SharLife Team,
We have been closely following your reviews of cryptocurrencies from various countries around the world. We would like to ask that you remain independent from governmental institutions, including those in Malaysia. When reviewing cryptocurrencies, please refrain from mentioning the Securities Commission of Malaysia.
Kind regards, Firnas
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