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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.

By Bailey Reutzel, Christine Kim, Brady Dale
Updated Sep 13, 2021, 9:15 a.m. Published May 30, 2019, 4:00 a.m.
makerdao

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

ExchangesEthereum NewsLendingTokensStablecoinsMakerDAOMKRDAIDecentralized FinanceDeFiExplainers

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