MKR
is the governance token of MakerDAO, a very famous lending protocol on Ethereum.
Simply put, people can use stETH (an Ethereum collateral token) as collateral to "create" a stable cryptocurrency like DAI.
Recently, MakerDAO also included US Treasury bonds in its portfolio, showing the strength and forward-looking nature of this project.
Leading position
MKR is one of the best projects in the field of RWA (real world assets). Many large institutions, such as BlackRock and JPMorgan Chase, have invested in this field.
This means that the RWA field has great development potential, and MKR, as one of the best, is naturally worthy of our attention.
Big plans this year
The MKR project has a series of big moves this year, such as reshaping the brand image, launching its own public chain, and token splits. These are all very good news, indicating that MKR will have more development opportunities in the future.
High income and good token circulation
MakerDAO's lending protocol is very popular, so the income is also high. Moreover, the token circulation rate of MKR is close to 100%, which means that MKR in the market is actively used by people and there is no large amount of selling pressure.
This is a very healthy market state, which also makes us more confident in the future of MKR.
