Скачать или смотреть MakerDAO Whitepaper Explained in 60 Seconds | The Birth of Stablecoins

Episode 24: MakerDAO Whitepaper Explained in 60 Seconds | The Birth of Stablecoins

Welcome to another episode of my “Whitepaper Explained in 60 Seconds” series — where I simplify the most important crypto whitepapers into quick, clear, and beginner-friendly explainers for the desi crypto community.
In today’s episode, we break down the MakerDAO Whitepaper, the project that introduced the world’s first truly decentralized stablecoin — DAI.
MakerDAO allows users to lock crypto assets as collateral and generate DAI, a stablecoin designed to maintain a value close to one US dollar — without relying on banks or centralized entities.
Governed by MKR token holders, MakerDAO pioneered on-chain governance, risk management, and decentralized finance (DeFi) long before it became mainstream.

Watch till the end to understand how MakerDAO laid the foundation for the entire DeFi ecosystem.

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