How MakerDAO Works: A Video Explainer
An illustrated guide to the decentralized finance (DeFi) lending platform MakerDAO and its tokens, MKR and DAI.

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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Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
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Deus X CEO Tim Grant: We aren't replacing finance; we're integrating it

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- Tim Grant entered crypto in 2015 after early exposure to Ripple and Coinbase, drawn by blockchain’s ability to improve traditional finance rather than replace it.
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