🔥 MAKER: HOW DOES ONE OF DEFI'S BIGGEST INFRASTRUCTURES WORK?
The Maker ecosystem holds an important position in the decentralized finance market.

Its proposal is linked to the creation and maintenance of a credit and stablecoin infrastructure backed by digital assets deposited as collateral.

The concept is interesting because it allows you to use cryptocurrencies as collateral to create liquidity without directly relying on a traditional bank.

But there’s a fundamental question:
How do you keep a stablecoin stable in a market known for volatility?
The answer involves over-collateralization, liquidation mechanisms, risk parameters, and governance.

That’s exactly where an important part of the complexity of this model lies.
To follow this ecosystem, it’s worth looking at:

📊 Amount of assets used as collateral
📊 Stablecoin supply
📊 Liquidity
📊 Loan volume
📊 Protocol revenue
📊 Utilization level
📊 Governance structure

There are also significant risks.
A very rapid drop in the value of the assets used as collateral can trigger liquidations. In addition, DeFi protocols are exposed to smart contract risks, liquidity risk, governance risk, and regulatory changes.
Another point that deserves attention is the evolution of the Maker ecosystem’s own structure and its tokens.

That’s why it’s not enough to look only at the price.
You need to understand how the infrastructure works and where its economic activity comes from.

The big question is:

💰 Can decentralized stablecoins become a relevant part of the global financial system?

Or will stablecoins issued by centralized companies and institutions continue to dominate this market?

I want to hear your opinion.

$MKR