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Makerdao enables the generation of dai, the world’s first unbiased currency and leading decentralized stablecoin. Learn how to become a voter and shape the future of defi. Makerdao technical docs the maker protocol is the platform through which anyone, anywhere can generate the dai stablecoin against crypto collateral assets

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This white paper describes the maker protocol, a series of smart contracts built on the ethereum blockchain, enablilng users to generate the dai stablecoin. The maker governance community is responsible for the health and security of the maker protocol Makerdao is a defi application based on the ethereum blockchain that enables borrowing and lending coins on its platform

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The two coins include dai and mkr

The former acts as a stablecoin for the lending protocol, while the latter supports the dai stablecoin and governs the network If the borrower fails to maintain the collateral value, the platform will sell the collateral at a 3% discount. All are welcome to contribute Get started those interested in makerdao are invited to explore amd's collection of resources below

Get to know maker with the help of beginner guides, official documentation, analysis pieces, tools, partnership.