Maker TVL has not seen any significant changes since 2023 while MKR price is currently at $2830
Maker is the governance token for Maker Dao and Maker Protocol. The holders of MKR are responsible for governing Maker protocol which includes adjusting the policy for DAI stable coin. It also includes choosing new collaterals, improving governance and shaping a better future for defi. There are over 400+ dapps which have integrated DAI on to their platform.
The unique proposition of the platform lies in that it allows its holders to directly participate in the governance of DAI which is one of the largest stablecoin. It has a market cap of $5.4 Billion and is ranked 22nd in CMC.This what drives the demand of Maker into the larger ecosystem. Lets have a closer look towards the onchain activity of the platform.
Is MKR Ready For Run With Stagnant TVL And Increasing Income?
Maker has a total holders of 100,715 with a slight increase in the past one month. Meanwhile, the MKR transf
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