Summary
This prediction ended on 31.05.22 with a price of €1,264.4. The BUY prediction by kostojunior for Maker performed very badly with a performance of -52.22%. This prediction was marked as speculative and is excluded from kostojunior's performance statistics.Maker is a decentralized autonomous organization (DAO) that operates on the Ethereum blockchain. The main purpose of Maker is to maintain a stablecoin called DAI, which is pegged to the value of the US dollar. Maker achieves this by using a series of smart contracts that automatically adjust the supply and demand of DAI based on market conditions. The technology behind Maker is known as a collateralized debt position (CDP).
The main applications of Maker include:
1. Stablecoin: Maker's primary purpose is to maintain a stablecoin that is pegged to the US dollar. This stablecoin is called DAI and is used as a means of payment and store of value.
2. Decentralized finance (DeFi): Maker is an essential component of the DeFi ecosystem and is used by various other DeFi platforms to provide liquidity and manage risk.
3. Collateralized loans: Users can use their Ethereum (ETH) holdings as collateral to generate fees and earn interest on their loans.
4. Governance: Maker is governed by its community of token holders who use a voting system to decide on changes to the protocol, such as adjusting the collateral ratio or changing the stability fee.
Overall, Maker is an essential component of the decentralized finance ecosystem and plays a critical role in maintaining stability in the crypto space.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Maker | -6.463% | -6.463% | 339.276% |
| iShares Core DAX® | 0.160% | -1.640% | 12.016% |
| iShares Nasdaq 100 | -3.020% | -4.715% | 37.102% |
| iShares Nikkei 225® | -2.519% | -7.621% | 18.066% |
| iShares S&P 500 | -1.377% | -2.809% | 26.536% |
Comments by kostojunior for this prediction
In the thread Maker diskutieren
In the thread Trading Maker