Independent research on blockchain startups and ICO’s


12 Dec 2018

Target Price: $259.65 (-19% downside)  Website

Weak liquidity and restrictive system parameters point to further downside for MakerDAO

MakerDAO (Decentralized Autonomous Organization) is headquartered in California and was established in 2015. The main vision is to minimise asset volatility through the creation of its stable coin, DAI, allowing anyone equal access to financial services that includes loan offerings. DAI can only be issued through a Collateralised Debt Position (CDP), where ETH is locked up as collateral via a smart contract, in return for a stability fee. In short, a user could collateralise an asset to borrow in DAI.

Submit a tip

Let us know of an ICO that you would like to see covered.


Join the mailing list

Over 10,000 people receive our research reports direct to their inbox.


Contact our team for all other enquiries relating to ICO’s.