Overcollateralized borrowers deposit funds into MakerDAO and receive DAI stablecoin.

MakerDAO is a non-custodial stablecoin protocol built on Ethereum. MakerDAO was founded by Rune Christensen and launched in 2015.

MKR tokenholders own and govern the protocol. They currently take all of the total interest and PSM fees paid by borrowers (revenue). MakerDAO’s investors include a16z, Polychain, IOSG Ventures, etc.

governance

github

twitter

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etherscan

website

Stablecoin issuers

MakerDAO

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Competitive landscape

Financial statement

Data table

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MakerDAO - Financial statement