DAO Coverages

Maker

DAO:

Website:

Date:

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MakerDAO is one of the big names in the DAO world, and is a key player when it comes to decentralized finance (DeFi). It runs on the Ethereum blockchain and focuses on creating a system which allows for lending and borrowing of cryptocurrencies without the need for a middleman. It’s stable coins, DAI and MKR, help regulate the value of loans to prevent huge fluctuations. WACEO has identified several potential issues, including KYC and AML requirements which may go against user anonymity wishes, and the lack of a detailed roadmap to creating a board of independent members.

*Disclaimer: This coverage should not be considered legal, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine what the correct regulatory guidelines are.

DAO:

Maker

Website:

Date:

Watch the Live Coverage

youtube

MakerDAO is one of the big names in the DAO world, and is a key player when it comes to decentralized finance (DeFi). It runs on the Ethereum blockchain and focuses on creating a system which allows for lending and borrowing of cryptocurrencies without the need for a middleman. It’s stable coins, DAI and MKR, help regulate the value of loans to prevent huge fluctuations. WACEO has identified several potential issues, including KYC and AML requirements which may go against user anonymity wishes, and the lack of a detailed roadmap to creating a board of independent members.

*DISCLAIMER:
This coverage should not be considered legal, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine what the correct regulatory guidelines are.

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