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How MakerDAO Works: A Video Explainer
An illustrated guide to the decentralized finance (DeFi) lending platform MakerDAO and its tokens, MKR and DAI.
Updated Sep 13, 2021, 9:15 a.m. Published May 30, 2019, 4:00 a.m. 1 min read
An illustrated guide to the decentralized finance (DeFi) lending platform MakerDAO and its tokens, MKR and DAI. Got questions about fluctuating interest rates and collateralization? We've got you covered.
Here's how Maker works:
Read more: What Is Yield Farming? The Rocket Fuel of DeFi, Explained
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Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk.
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