• Arthur Prats Ladous

Proof of Read : Maker DAO and its ecosystem

On Thursday, May 28, 2020, Ethereum Montreal and DEFI MTL collaborated to host the MakerDAO introduction session. In this virtual meetup, Didem D. & Mahsa M. presented an overview of the stable coin ecosystem. They were followed by an overview of the MakerDao ecosystem presented by Marc-Andre Dumas, Senior Integrations Engineer of the Maker Foundation. 

MakerDao was started in 2015. it is the protocol behind the stable coin DAI, or put simply 1 DAI = $1 USD. What makes it unique is each DAI is backed by Ether instead of MakerDAO actually having $1USD at the bank. 

To know more about MakerDao, you should: 

  • Visit Makerdao website:

  • Go check out Didem D. & Mahsa M. paper here: :

To watch the event you can either start the playlist below or go directly on Defi MTL Youtube Channel here:

If you do not want to miss the next event, please consider subscribing to our newsletter on our website:

46 views0 comments