[TECH] Deep dive into Maker
Details
Dai is a Stablecoin implemented as an ERC-20 token on top of Ethereum which was launched last December by the MakerDAO platform (https://makerdao.com/). Its purpose is to maintain a stable price of about 1$ (USD). Up until now the token always has returned to that value.
In this meetup we will look at:
- how the Maker platform actually works
- how it was implemented
- how it performed thus far
- the long-term roadmap
- how decentralized this system really is