Maker Protocol

GPTKB entity

Statements (49)
Predicate Object
gptkbp:instance_of gptkb:currency
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:DAI
gptkbp:aims_to maintain DAI's peg to USD
gptkbp:allows creation of DAI stablecoin
gptkbp:developed_by gptkb:Maker_DAO
gptkbp:enables decentralized lending
collateralized debt positions (CD Ps)
gptkbp:governed_by MKR token holders
gptkbp:has community-driven development
a user-friendly interface
risk management framework
a strong community
liquidation mechanism
a governance token called MKR
a multi-collateral system
a transparent governance process
a unique risk assessment model
collateral types including ETH and BAT
a decentralized autonomous organization (DAO) structure
https://www.w3.org/2000/01/rdf-schema#label Maker Protocol
gptkbp:is_accessible_by smart contracts
global users
gptkbp:is_considered one of the first De Fi projects
gptkbp:is_considered_as a pioneer in De Fi
gptkbp:is_integrated_with other blockchain projects
various De Fi applications
gptkbp:is_involved_in liquidity provision
gptkbp:is_known_for its innovative approach to lending
its stability mechanism
gptkbp:is_part_of gptkb:Ethereum_ecosystem
the broader cryptocurrency ecosystem
the Ethereum De Fi landscape
gptkbp:is_subject_to regulatory scrutiny
market volatility
gptkbp:is_supported_by various wallets
various liquidity providers
gptkbp:is_used_by De Fi users
gptkbp:is_used_for financial inclusion
hedging against volatility
Creating DAI
creating decentralized applications (d Apps)
creating synthetic assets
gptkbp:launched gptkb:2017
gptkbp:offers stability fees
gptkbp:provides decentralized governance
gptkbp:supports multiple collateral types
gptkbp:uses gptkb:Ethereum_blockchain
gptkbp:utilizes gptkb:MKR_token