How MakerDAO Works – The Stablecoin Explainer

The most popular decentralized finance application on ethereum, MakerDAO, was built to keep a stablecoin’s price stable. Under the hood, it’s quite complex, featuring two separate tokens, a lending system and even a voting process. Here’s how it works

Source: https://www.youtube.com/watch?v=J9q8hkyy8oM&feature=youtu.be

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