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Vitalik Buterin of Ethereum Talk About MakerDAOAbstract: This paper discusses a decentralized finance (DeFi) application called MakerDAO. The. Maker Protocol, built on the Ethereum blockchain. MakerDAO is a decentralized global reserve bank while the Maker Protocol is a software platform and both are built on the Ethereum blockchain. This white paper describes the Maker Protocol, a series of smart contracts built on the Ethereum blockchain, enablilng users to generate the Dai stablecoin.
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