Defi
How MakerDAO Works
An illustrated guide to the lending platform/DeFi app MakerDAO and its tokens, MKR and DAI. Got questions about fluctuating interest rates and collateralization? We’ve got you covered.
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No mention of how mkr tokens are created
Rip bozo
I simply do not get the idea of borrow money that you already have. Just unreal for me.
Why you wasting so much paper man? You can do this on an animated board online, right?
Great explanation, made this really simple for incomes to understand 🙂
No need for adding Bg music
Cool, except the 10% to 30% for traditional banks is wildly false. Home loans, arguably the most common (50 Trillion in 2020, just in USA), have been sub 5% (more like sub 4%) for the last ten plus years. Although this is a great project, you kind of blow your credibility right out the gate by using the 10-30 as your strong point for benefits.
Great MakerDao tutorial, nice explanation