The builders of DAI have to claim that Dai can be used by anyone, anywhere, and at any time.  The price of MKR is currently trending at $462.58.  However, they send a forewarning asking investors not to send money to accounts that are impersonating Maker.

The MKR token holders are the decentralized community which governs the Maker Protocol.  The Maker protocol is the smart contract which powers Dai.

Maker Tweeted:  “The Maker Foundation Interim Governance Facilitator has placed an Executive Vote proposal into the voting system to: Set the DSR Spread to 0.25% (Note: This is not the Dai Savings Rate, just the spread) Raise Dai Stability Fee to 8%” Further, “#Dai has been added to @BitsaCard! You can now top up your card with it!”

Sydney Ifergan, the crypto expert, tweeted:  “The good thing about @MakerDAO “#MKR,” as they claim, is that they do not discriminate, and any business or individual will be able to realize the advantages of digital MoneyMoney.”

Investors will be able to Generate Dai in their terms and instantly. Those who secure Dai start to earn their Dai at the savings rate set by the community.

Maker MKR Smart Contract Platform on Ethereum

The Maker DAO project is something that is being very closely watched. Mainly because the Chinese prefer reputation and functionality when it comes to financial services, rather than decentralization.  There is an increasing interest in DeFi in China, and about 10% of MakerDAO’s traffic comes from China.

At the current moment, Maker, Dao is Influential, and there is a lot of room for it to grow. MKR is a governance token, and the stakeholders have the power to vote on a rolling basis in terms of critical technical issues relating to the Maker protocol and the stable coin.

Maker MKR – Skeptics

Like any other project, the MKR also has skeptics. Recently, MKR introduced the multi-collateral asset; it got backed by ETH and renamed as Sai.

Rune Christensen recently tweeted: “Davos is a unique experience. I can see why many people have a love/hate relationship with the event; I was able to make important connections and evangelize DeFi and Blockchain to some of the world’s top investors and decision-makers that would have been impossible anywhere else.”

For all reasons, MKR continues to be an excellent opportunity for several participants who are looking to advance their projects, companies, and ideas. We expect to see a meaningful impact unfolding in the future.