Reddit Posts
DAI Is The Most Stable And Proven Decentralized Stablecoin But How it Keeps Its Correlation And How It Works?
Big Gains on Trade Setups. Don't Miss The Rally! Market is bouncing and some of the picks have generated nice profits!
Will Bitcoin ‘Uptober’ bring gains for MKR, AAVE, RUNE and INJ?
Updated - Top Performing Crypto 2023 YTD (Top 100 MC only)
Helping the average John guy understand the Defi space: stablecoins and Maker edition
Vitalik Buterin Sells MKR Tokens as MakerDAO Co-Founder Pushes for Solana-based ‘NewChain’ - Decrypt
Huge $486 million USD whale move on Coinbase
Vitalik Buterin Sells MKR Tokens as MakerDAO Co-Founder Pushes for Solana-based ‘NewChain’ - Decrypt
Bitcoin flatlines again but TON, LINK, MKR, XTZ are poised for up-move
Why Everyone's Watching ETH's $1'400-1'500 Zone ☕️
Why Everyone's Watching BTC's $24.4k-$25.5k Zone ☕️
Vitalik Buterin Sells Hundreds of MKR Tokens in Historic Move
Ethereum Founder Vitalik Buterin Sells MKR Coin Assets! | COINOTAG on Binance Feed
Ethereum's Vitalik Buterin Sells $500k of Maker (MKR) Tokens: Community Asks Why
Vitalik Buterin's Recent Ethereum Transactions: 999 ETH Transfer and Notable Token Sales
Vitalik has swapped 500MKR to 350ETH and send them to an unknown address [Address in the comment]
Vitalik Buterin Rare Move: Sells 500 MKR For 350 ETH On CoWswap
MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
Daily Analysis: TON, MKR, ARB, MIOTA, SOL, AVAX
Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC
Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC
We do not need centralized stablecoins at all, DAI is the *perfect* stable, and it yields 8% risk free via the DSR. As a community, we should just DROP USDT, USDC, and (pyUSD). Let DAI reign supreme
a16z has finished selling MKR - DAI depeg next?
DeFi blue chips MKR , COMP are outliers in Bitcoin season, rally driven by fundamentals
MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July
DeFi Lender’s Foray Into Treasuries Pays Off as MKR Token Surges
How fiat money works and why Crypto is better
[Argent] a16z Transfers 1,380 MKR to Coinbase, Holds Over 16,000 MKR
Spot On Chain has reported that the renowned venture capital firm Andreessen Horowitz (a16z) transferred a substantial amount of Maker (MKR) tokens to the cryptocurrency exchange Coinbase.
Discover the Real-World Assets That Banks and Experts Don't Want You to Know About!
Justin Sun transfers $4.3m in MKR tokens to Binance
Ways to EARN MORE crypto on a scale of Stable - Super degen risky.
MakerDAO's emergency proposal triggers 26% MKR price plunge
MKR Ignores Market Downtrends, Gains Over 7% In The Last Day
MKR….what happened? Thinking about building a position
SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price By Cointelegraph
Be aware! A hacker is attempting to launder money through LIDO staking services
MakerDAO expands into off-chain real-world assets despite pushback from MKR holders
MakerDAO continues expansion into off-chain real-world assets despite pushback from MKR holders
MakerDAO MKR community approves 'endgame' proposal
Crypto Twitter’s hunt for the next 1000x altcoin names QNT, ENS, MKR as Top 3
Top 5 cryptocurrencies to watch this week: BTC, FLOW, THETA, QNT, MKR
Top 5 cryptocurrencies to watch this week: BTC, FLOW, THETA, QNT, MKR
Blue-chip Stock as Stablecoin collateral
MakerDAO MKR: Top Altcoin To Buy in 2022 - DeFi Market Leader!
Celsius Network (CEL) paid off about $143 million towards its Bitcoin loan.
We, the Financial Revolutionaries. (plus crypto daily recap)
What about the other expensive coins?
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
What you need to know about crypto loans
Thinking of dumping coins before April to tax harvest losses
| Mr. Krab Coin |Launching any Moment| || TAX 6% | |Will be Renounced | Based Dev|
| Mr. Krab Coin |Fair Launching in 1 hour| || Buy TAX 3% |Sell Tax 3% |Will be Renounced | Based Dev|
Top 3 Cryptos to Look Out for this Month: ATOM, MATIC, MKR
Basic Primer to Token Design of DAI (MakerDAO) | The OG Stablecoin
MakerDAO fully transitioned to decentralized governance in July 2021. MKR holders demonstrated their power this week by laying off the content team.
What the next crypto bull run will look like
The best time to convert assets could be now
Calculated Risks are not that intimidating when you know what you're doing
Calculated Risks are not that intimidating when you know what you're doing
Bonding Curve Algorithms for Autonomous Market Makers (DEX)
Following your crypto influencer will most of the time give you no valuable insight
Following your crypto influencer will most of the time give you no valuable insight
Basic Primer to Token Design of DAI (MakerDAO) | The OG Stablecoin
Sad reality: crypto won't make you a millionaire
Sad reality: crypto won't make you a millionaire
Stuck with binance bep2 tokens on private wallet with no way to convert or to get a binance account (to my knowledge, help aha)
Important factors that needs to be taken into account when investing in crypto
Should you focus on investment strategy?
Instead of going to therapy people are bringing their gambling addiction into crypto and its sad to see.
To anyone still hesitant about investing in crypto. Invest a very small amount just for fun.
Are there any crypto coins that have been fully mined? What will happen to Moons?
Coins that keep going up with no dips are the ones you should be scared of
Coins that keep going up with no dips are the ones you should be scared of
I spent 5 hours researching what a DAO is so you didn’t have to.
Futures trading is basically gambling but on steroids.
Playing futures with Bitcoin is a very dangerous game. And what happened today is a clear example of that
Playing futures with Bitcoin is a very dangerous game. And what happened today is a clear example of that
Trading makes some nice profits, but I feel like staking gives more realistically sustainable profits for long term.
I hate everything corporate, and thanks to DeFi, I never have to deal with that again.
Thank you DeFi for helping a regular Joe like me change the course his life.
Governance tokens still haven’t shown their full potential yet
Governance tokens still haven’t shown their full potential yet
Mentions
Future news: DAI now the target of financial enforcement. (But way too late to close my MKR short...)
Me experience uploading Coinbase CSV which is marketed to have integration with a major tax software org: Says I sold 0.000031 MKR. Asks me how much I won or lost in the trade. 1 - I never sold such an small amount of MKR 2 - it asks me my profit/loss on this trade. It's multiple decimals beyond $0.00. Software doesn't allow user to enter below two decimal places. Thank god I've been keeping track through portfolio trackers to have a pretty good estimate of cost basis. I also track separately when I sell with this info.
Look at how DAI and the MKR dao works. It's literally how commercial banks work. Yeah it's true the fed and the treasury are the layer one money printers but commercial banks are the second layer money printers. They are incentivised to issue more loans faster than they are paid back since that will increase their profit. Because everyone loan books are continually expanding the money supply will keep increasing in the long term. It's very rare for it to contract.
Ooh! Ooh! Do Maker tokens (MKR) now!
I have half a MKR coin i bought under $1000 last year and it has been fun watching it get erect Now I have to wonder when I should sell
Hardly there’s lots of solid projects making gains MKR has more than doubled as well
MKR is an absolute beast. Wish I'd gotten in early on that one.
Maker (MKR) just momentarily dropped ~94% then bounced back up, anyone know what happened? Or was it a CMC glitch?
Nice write-up on Ethereum L2's. If I lock tokens on an L2 like Arbitrum and something were to happen to the project what happens to the locked tokens? Say I were to lock MKR for long hold in my cold wallet. Vitalik's \[L2\](https://vitalik.eth.limo/general/2023/10/31/l2types.html) guide states a rollup based L2 "You can always bring the asset back to L1". Does it apply even if Arbirtrum were to go belly-up? I understand wallet addresses on L2 and L1 are the same. Thanks
On June 11th, 2023, i put a shits and giggles position on MKR at $596. It's been one of my best performers and it was just a small entry.
MKR :( Unbelievable that one of the few projects actually doing useful stuff *and* turning a profit has underperformed this badly.
The MKR token is definitely a security. At the point where you use the profits from other securities to pay dividends via a share buyback, you’ve got a security on your hands.
Funny how all these AI tokens are rising and Maker is going all in on AI, yet crickets from my MKR bags
My january snapshot: ONDO- poised to run? MANTA- when will it cool down? PENDLE- interesting chart mmhmm yesss… MKR- is this old dog waking up? what does that say about other DAOs ALEPH- has this train passed or is it getting revved? RLC- lookin’ juicy ASM- hmmmmmmmm.
They fail to realize it’s a marathon and not a sprint; lowkey I think some(if not most) of these institutional players are already priced in. Eyes on ETH and probably other alts like the institutional grade DeFi platforms e.g MKR, SPOOL, PENDLE etc. These are the potential “5x in a day” kinda investments because of their low mcaps compared to BTC
$MKR nearing 2k a coin. Unreal……
Thank you for this. Google news and Reddit is a bit lacking on MKR.
>This will likely change in 2024 with the rollout of the completely new brand and a token share split of MKR to the new branded governance token codenamed New Governance Token (NGT). The ratio will be 1:24,000 MKR:NGT, **and as superficial as this seems, this is how retail think**s. lmao sad but true.
Anyone know what's going on with MKR?
What will be the best DeFi protocols to invest BTC. If people find that they have value that can be farmed rather than cashed, what BTC friendly projects will get the most attention? Will we see MKR or AAVE on a post BTC rally or something like BIFI, etc?
I can swing trade “reliably”. But it took years of practice & it takes an unreasonable amount of time & patience. And I still sell too early 85% of the time. occasionally get stuck with a dud. Right now I’ve got 2 dud MKR. I have learned not to buy near the top. Knowing when to sell is a challenge. I think Ican on the spectrum why I can spend all day watching crypto and reading charts. A trader is happy when he’s trading.
Except for Xrp & Doge that’s exactly what holding minus the MKR, STX & TIA Swinging
Souns like when MakerDAO liquidated a lot of CDPs for $0 due to a design bug during network congestion and asked the MKR owners to vote for the refund (thus decreasing the value of MKR). We all know how that went.
MKR according to this is insanely low... Is that a bug, considering its still #57?
compound.finance. WBTC and ETH as collateral, borrowing MKR and LINK. I got rekt.
Monero, bitcoin, ethereum, MKR, grin (but not for a while if you're just trying to buy some and sit on it). That's all.
I like MKR now that they've expanded to RWAs but why do you think the others will do well?
Gona sell my trashbag of CKB. Thinking Uni or MKR.. which one?
Oh, I don't buy MKR. I use it as an indicator for BTC movement/dumps.
I'm all for it. Will buy MKR at the right price, but want BTC more.
MKR's pattern is tricky for me to get a read on.
MKR being green anything over 10% in 24hrs is my sell flag for an incoming massive red dildo on BTC. Time will tell if this trend continues.
I acquired $BTC at 16k last year and plan to maintain a long-term hold. I'm also gradually increasing my position in XTP and MKR using a weekly DCA strategy. These assets look like promising long-term investments for me.
They’re leaving Maker tokens (MKR) off the hook because … ? Remember, they started using returns from government bonds to buy back tokens.
On DAI, anyone know how profits are distributed? Are MKR holders the sole beneficiary?
tldr; The Hong Kong Virtual Asset Consortium (HKVAC) has announced that it has added XRP, Hedera (HBAR), Maker (MKR), and Quant (QNT) to its indexes. The rebalancing results for the HKVAC Key Indexes and HKVAC Market Indexes will be available on their website and will come into effect on October 20, 2023. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
BTC in profit, ETH in profit, ATOM in profit, LINK in profit, MKR in profit, MATIC in profit, ADA in profit……
>Is it just to allow the borrower gain access to USD without having to sell the collateral? This is essentially the main draw to all stablecoins. But to expand on your question, the purpose of DAI is to have a dollar pegged stablecoin that is completely decentralized. Due to its design, the supply of DAI cannot be altered by any party in the network. Rather, it is maintained through a system of smart contracts designed to dynamically respond to changes in the market price of the assets in its contracts. Volatility of the collateralized assets would technically be a draw back to this ubiquitous system, but MakerDAO employs a bunch of different risk and collateral mechanisms. Through the DAO, MKR token holders assign risk parameters to each collateral asset that outline the amount of debt that can be created by that collateral type, the amount of volatility the asset is expected to experience, and what happens if the collateral must be liquidated in the event that it no longer covers the amount of outstanding debt borrowed against it. In the event that there is market volatility and the collateral deposited no longer covers the outstanding debt, the collateral will be liquidated via an automated process. Automated market actors who take advantage of arbitrage opportunities (called Keepers) bid in Dai for the collateral from a liquidated vault. This Dai is subsequently used to repay the vault’s debt and a liquidation penalty fee. If enough Dai is received from the collateral auction to cover both the debt repayment and the penalty fee, the leftover collateral will be returned to you as the vault owner. If the auction fails to garner enough Dai to repay your vault’s debt, the debt becomes “protocol debt” and is covered by the Maker Buffer, a pool that contains the fees (denominated in Dai) paid on collateral withdrawals in addition to the proceeds from the collateral auction. If there is an insufficient amount of Dai in the Maker Buffer, a debt auction will be triggered and the protocol will mint MKR and sell it to bidders for Dai to recapitalize the system.
To have a stablecoin that can't be frozen But they decided to back it with real world assets and even offer yield via these RWAs Only a matter of time before those reserves are confiscated for violating some law It's the reason why VCs dumped their MKR tokens a few months ago (namely a16z)
Does it worry you that Cardano/Ergo don't seem to be as popular as other non-EVM chains like Solana or Cosmos despite being around for longer? Like Runekek (MKR co-founder) basically endorsing Solana's tech and proposing to run their own chain using it or like DyDx now running their own Cosmos-based L1? At what point do you say "ok eUTXO was a mistake"? Or the flipside, what can you point to and say "only possible with eUTXO"? If it's this bridge, then the lack of enthusiasm from the broader crypto community doesn't bode well for it.
MKR has being going off and has not looked back since then
nice to see MKR back over $1500
Other than moons? I'm up about 6% on BTC and MKR. Everything else is red.
>but what percentages would you like at for eth/btc? I would suggest in the 50-80% range. For myself, I'm 80% BTC, 10% MKR and 10% a mix of various alts (DOT, STX, SOL, ATOM, EGLD, HNT).
I wouldn't say always safe, but I don't see people mention MKR (Maker) that often, it hasn't bled out like my others. It's currently down for the month but that's still above a lot of the monthly averages. What would be the biggest killer of MKR? Another Black Thursday type event where their liquidations went a little sideways? Lack of innovation, they stop making?
Maker is making major moves.. MKR over the last few months is one of the best performing in top 50
considering MKR has a fair amount of treasury bonds, isn't the yields going up bullish for them?
This month seems bullish already and the atmosphere is kind of bullish. BTC is keeping up nicely and altcoins like MKR, CYMI, and RNDR are keeping up nicely.
Why did i sell my MKR😔 im still upset till this day
Lol MKR taking a huge hit for some reason
Your definition of scarce is incorrect. Let’s talk about two cryptocurrencies. Bitcoin and MKR. Bitcoin has a total supply if 21 million, MKR has a total supply of 1 million. Does that make the MKR cryptocurrency more scarce than Bitcoin? Based on your definition of scarce it does.
MKR It's pumping hard this year
tldr; Bitcoin's recent strength has boosted interest in altcoins, and select altcoins are showing strength and trying to break above their respective resistance levels. Bitcoin is trading above the moving averages, indicating a positive sign for buyers. Maker (MKR) has broken above a key level, indicating the start of a new uptrend. Aave (AAVE) is trying to break above a long-term downtrend line, indicating a potential trend change. THORChain (RUNE) has reached an overhead resistance level multiple times, weakening it and potentially paving the way for a rally. Injective (INJ) has been swinging inside a large range, but the moving averages and RSI suggest that bulls have the upper hand. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Correct, but those two don’t have a venture attacked to them that earns a profit from its business operations and then pays it out to token holders through a share buyback. FTT did and MKR does now.
I also have some Akash but I roundtripped from $0.6 to $1.8 now back to $0.8-ish. Modest gains but I held through a 3x lol. Don't have MKR unfortunately.
MKR Been really good this year
What's the business use case for MKR vs. any of its competitors?
Maker (MKR) has done a 2.5x in the last 3 months and we are nowhere near bull season yet. So glad I loaded up before the surge!
My bags are like 60% BTC, 20% ETH, 10% SOL and 10% MKR.
tldr; MakerDAO, a decentralized crypto lending protocol, plans to double its investments in short-term US Treasuries up to $6 billion. The move comes after the organization picked T-bonds as one of the assets backing its DAI stablecoin following the 2022 crypto winter. The decision reaped significant rewards, lifting MakerDAO’s governance coin MKR to an 18-month high. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Is MKR the one you're up on?
i dont have MKR. So should i buy now?
I hope I never have to meet my MKR
Last 5 days have been all green for MKR. Time to FOMO in and get rekt once the green streak reaches 7 days 👌
tldr; Maker (MKR) has experienced a significant surge in value, with a 40% increase in price over the past month. Today, MKR leads the top 50 coins in the cryptocurrency market. A prominent crypto whale made a strategic move by depositing 3,527 MKR tokens on Binance, resulting in $5.12 million in profits. MKR's price has consistently shown a bullish trend, with higher highs and higher lows. The number of active MKR addresses has also reached a 10-week high, indicating increased user engagement. However, caution is advised as the influx of tokens to exchanges may signal a potential market correction in the short term. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Damn MKR has been doing well lately
Yea I had a few MKR at the time, great coin. It usually was above ETH in price, I kick myself not buying near the summer lows haha
MKR really about to flip above 1.0 ETH ratio fr
MKR been on a serious heater the last month. Up to #34 by market cap.
Whoever here has some MKR congrats it’s been parabolic lately!
MKR with a huge green candle!
tldr; Bitcoin and ether remained stable over the past 24 hours due to lack of price catalysts and fading volumes. The trader believes that the crypto sector needs banking problems or uncertainty about government solvency to generate sustainable growth. Alternative tokens like bitcoin cash and Maker's MKR tokens experienced volatility, potentially due to increased demand. The US Federal Reserve's comments on high interest rates caused market jolts. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
MKR, because I have an active short in it. I'm fucked!
If this bear market told me one thing, is not to trust the media and the hype around coins. Coins which actually did good, were not in the mainstream news, and the green part of my portfolio consists of coins like MKR and COMP which at that time no one knew. I have a feeling we are always behind the market. When we rush to buy that great alt, it is already in decline.
tldr; The number of MKR tokens held in centralized exchange wallets has increased by 5% in the past 24 hours, reaching the highest level since September 3. This spike in exchange balance may indicate a potential temporary top for MKR's price, as previous spikes have marked interim price tops. MKR has been performing well due to its investments in short-term U.S. Treasury notes, which are yielding over 5%. MakerDAO has invested over $2 billion of its stablecoin reserves in these notes, allowing it to offer a 5% savings rate on DAI and buy back MKR with surplus profits. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
MKR is on an absolute tear this year
It would appear that MAKER (MKR) flew under the radar, the top performer on the top 50 for the last 90 days up over 100%. But why? All I heard was that Vitalik sold a stack of MKR
MKR (+110.8%) has had the best performance for the last 90 Days
I have not looked at $MKR in detail but what i know is that its a solid coin in DEFI and has performed relatively well this year.But again there is no guarantee it will continue holding on well. Best thing is make some informed decision by researching.
MKR is killing it lately. I'm glad I didn't give up on it and wishing I got more!
MKR is officially up 100% over the last year Ready to take on ETH in price
I have to wonder, considering MKR has a decent amount invested in Treasury Bonds, are people buying a bit like an bond ETF?
Anybody else keeping an eye on MKR? I own half a coin and this thing is pumping hard this year
MKR is keeping my portfolio propped up. Can't believe it started the year in the $500 range.
Depend on which alts you picked up, for example $MKR is performing very well.
i more keen on what is MKR ?
what's up with MKR pumping any news?
MKR up a mild 166% from its June low of $511
MKR and AAVE climbing is a good sign for the cryptosphere
i believe MKR just passed it's highest mark since may of last year
I had a miniscule bag of MKR that I got a long time ago and it's almost to 2x. And it's seemingly doing so without any real developments or news.
>As of April 2021, the DSR has a 0% APY (Annual Percentage Yield). Isn't DSR around 8% currently via spark protocol and aave? https://blockworks.co/news/dai-savings-rate-us Other than thay, this is really informative post for the ones not familiar with MKR and DAI Great job