MakerDAO
MakerDAO allows users to generate DAI, a decentralized stablecoin, by locking up crypto collateral like ETH in smart contracts. Borrowing occurs by minting DAI against overcollateralized positions. It operates in a fully decentralized manner and is governed by MKR token holders. MakerDAO is foundational in DeFi for its stablecoin borrowing model.
| MakerDAO | |
|---|---|
| Type | DeFi Lending (CDP) |
| Supported Assets | ETH, BTC, Stablecoins, RWA |
| APY Range (%) | 0.5%–8% |
| Impermanent Loss Risk | None–Low |
| Fees | Stability & Liquidation Fees |
| Security Measures | Audited Smart Contracts, MCD Security |
| Complexity | Moderate–Advanced |
| Blockchain(s) | Ethereum |
| Lock-up Periods | None (flexible repayment) |
| Governance Token | MKR |
Other MakerDAO Comparisons
- Compare MakerDAO to Yearn.finance
- Compare MakerDAO to Curve Finance
- Compare MakerDAO to Aave
- Compare MakerDAO to Uniswap
- Compare MakerDAO to Balancer
- Compare MakerDAO to PancakeSwap
- Compare MakerDAO to SushiSwap
- Compare MakerDAO to Convex Finance
- Compare MakerDAO to Beefy Finance
- Compare MakerDAO to Compound
- Compare MakerDAO to YouHodler
Model ETF Portfolios vs. Crypto?
Compare 200+ portfolio recipes: Tactical (dynamic), Strategic (static), and Managed (ETF/Mutual Funds) at RecipeInvesting.com
Disclaimer: DigitalAssetHQ does not provide investment advice. All content is for informational purposes only. Investing in cryptocurrencies and digital assets involves risk. Always consult with a qualified financial advisor before making investment decisions.