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About Maker

Maker (MKR) is the governance token of MakerDAO and the Maker Protocol, a decentralized platform on Ethereum that enables the creation and management of DAI, a stablecoin soft-pegged to the US dollar. Conceived in 2015 and launched in 2017, Maker allows users to lock collateral in smart contracts to generate DAI, supporting decentralized finance applications. MKR tokens grant holders voting rights on protocol upgrades and risk parameters, helping maintain system stability. While MKR does not provide dividends, it functions as a utility and governance asset within one of the earliest DeFi ecosystems.

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