Innovation Crusader πŸš€ | Author πŸ“• | Speaker πŸŽ™ | Adjunct Professor πŸŽ“ | YouTube Content Creator πŸ“Ή

MakerDAO

MakerDAO

May 13, 2022 | DAO

Maker is a DeFi lending and borrowing protocol that has users lock up their cryptocurrency as collateral in a Maker vault and mint DAI against it. Assets remain locked in the vault until their DAI loan is repaid. Investors fleeing Terra drove up the MakerDAO governance token, MKR, 30% as investors bet on its DAI stablecoin instead.

Michael Tchong

Michael Tchong

Founder, Author, Adjunct Professor, Futurist

Michael is the founder of Toolhacker LLC, an innovation speaker and adjunct professor at the University of San Francisco, futurist, and author of β€œUbertrends β€” How Trends And Innovation Are Transforming Our Future.” He is also the founder of four ahead-of-the-wave startups, including MacWEEK, Atelier Systems, CyberAtlas, and ICONOCAST.
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