Summary
This prediction ended on 13.06.21 with a price of €2,423.5. The price of Maker decreased from the start of the prediction. Compared to the start price this resulted in a performance of -11.77%. blaugold has 50% into this predictionMaker 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 | -7.810% | -7.810% | 325.154% |
| iShares Core DAX® | 1.804% | -0.748% | 13.168% |
| iShares Nasdaq 100 | -0.182% | -3.412% | 39.976% |
| iShares Nikkei 225® | 0.413% | -7.381% | 18.776% |
| iShares S&P 500 | 0.664% | -1.941% | 28.141% |
Comments by blaugold for this prediction
In the thread Maker diskutieren