Maker MKR – TOP DeFi Project To Buy 2024?! Maker’s REBRANDING / NEW Stablecoin and Governance Token

Last updated Dec 13, 2024

00:00 – Intro to MakerDAO
01:58 – MKR Price Overview
02:13 – Maker’s Endgame Review
04:37 – Maker Latest News
05:24 – Price Prediction 2024-2025

For those of you who don’t know Maker (MKR) stands out as one of the largest and oldest DeFi lending protocols, in fact Maker ranks no 4 in terms of total value locked in. and was the first issuer of stable coins! The DAI, created by the Maker Protocol, was the first collateral-backed stablecoin to adopt and implement a decentralized model

While the stablecoin market booms and other titans of finance launch their own dollar-pegged tokens, Maker’s DAI has lost steam.

Stuck with a supply of about 5 billion tokens, DAI has seen new, fast-growing stablecoins close the gap. Currently Tether and Circle, are extending their lead.

But an ambitious and controversial overhaul proposed by Maker co-founder Rune Christensen is just weeks away from its multi-step rollout.

First proposed in 2022, the plan, dubbed “Endgame,” will feature a rebrand, new tokens, new ways to earn yield, so-called subDAOs and artificial intelligence — all designed to invigorate MakerDAO, the lumbering cooperative that runs the Maker protocol. But they’re also designed to take Maker and its new stablecoin mainstream.

The goal is to raise the DAI supply to “100 billion and beyond” — just shy of Tether’s $116 billion.

So today, in this video, we’re gonna give you some insight on MakerDAO Latest News and Why you should remain optimistic in 2024 and beyond.

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