The Maker ecosystem is one of the earliest projects in the Decentralised Finance (DeFi) arena. Maker (MKR) is the token of Maker- DAO and the Maker Protocol (a decentralised organisation and platform based on the Ethereum blockchain). Originally created in 2015 and launched in December 2017, Maker is a project whose main mission is to run DAI. The DAI is a decentralised cryptocurrency with a stable value and a pegged exchange rate to the US dollar. Its attraction lies in the fact that it allows its owners to be directly involved in the management of the DAI. It is true that they do not pay dividends, but all token holders can exercise their voting rights and their influence depends on the value of the MKR tokens they hold. This free component, that anyone can participate and make decisions about a stablecoin, has a strong influence on its value.
Thus the supply of MCRs is constantly changing, depending on market conditions and the overall state of the DAI ecosystem. With the latest launch of MakerDAO, the now $60 billion DeFi industry could become another source of growth: it could launch lending in competition with banks and other financiers, including all the assets that work in the normal lending system, including residential real estate.