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Description

Dai is a decentralized currency that provides stability without bias, allowing both individuals and businesses to take advantage of digital finance. It offers a price-stable currency under your control, enabling you to create Dai whenever you need it, instantly. MakerDAO, established in 2014, operates as an open-source initiative on the Ethereum blockchain and functions as a decentralized autonomous organization. The governance of the project is in the hands of individuals worldwide who possess its governance token, MKR. MKR holders utilize a structured governance system that includes executive voting and Governance Polling to oversee the maker protocol and manage the associated financial risks of Dai, ensuring it remains stable, transparent, and efficient. The influence of MKR voting is directly linked to the quantity of MKR tokens that a participant stakes in the voting contract known as DSChief. Consequently, those who lock more MKR tokens into the contract possess increased power in decision-making processes. This system not only fosters community involvement but also aligns the interests of MKR holders with the overall health of the Dai ecosystem.

Description

YAM serves as the governance token for the YAM protocol, which operates as a decentralized cryptocurrency with its treasury overseen by its community members. This community can utilize the treasury funds through YAM governance to enhance the protocol's development. Promoting a fair launch, open participation, and an inclusive environment, YAM fosters a dynamic and rapidly expanding treasury. By engaging in activities that support YAM's growth, participants can earn YAM tokens. Furthermore, the future direction of YAM is determined by its holders through a process of on-chain voting, ensuring that everyone has a say in its evolution. This structure empowers community-driven decision-making and aligns incentives for all stakeholders involved.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

MetaMask Yes 
Argent Yes 
BUTTON Wallet Yes 
CoinLedger Yes 
Coinbase Yes 
EXMO Yes 
Eidoo Wallet Yes 
Fireblocks Yes 
Fortmatic No 
Guarda Wallet Yes 
Korbit Exchange Yes 
Kraken Yes 
KuCoin Yes 
Ledger Nano X Yes 
OKX Yes 
Portis No 
TOKPIE Yes 
WalletConnect No 
YouHodler Yes 

Integrations

MetaMask Yes 
Argent No 
BUTTON Wallet No 
CoinLedger No 
Coinbase No 
EXMO No 
Eidoo Wallet No 
Fireblocks No 
Fortmatic Yes 
Guarda Wallet No 
Korbit Exchange No 
Kraken No 
KuCoin No 
Ledger Nano X No 
OKX No 
Portis Yes 
TOKPIE No 
WalletConnect Yes 
YouHodler No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

MakerDAO

Founded

2014

Country

United States

Website

makerdao.com/en/

Vendor Details

Company Name

Yam DAO

Website

yam.finance

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