Maker (MKR) â Governance in DeFi Stablecoins đŠđ
Current Price: $1,836 đ” | Market Cap: $324M đ
DAI/USDS Supply: $8.4B (DAI ~$7.6B, USDS ~$800M) đ°
TVL: $6B (28% DeFi lending share) đ | RWA Collateral: $948M đïž
Staking Yield: 4â8% APR âïž | Burn Rate: ~5% annually đ„
Key Highlights:
DAI stablecoin & USDS 1:1 upgradable collateral đŠ
Vaults & cross-chain minting for multi-chain scalability đ
RWA-backed lending yields 10â15% APY đč
1,000+ vaults | 500K+ monthly mints/burns đ
Sky rebrand enhances modular governance & yield mechanisms đ
Technicals & Sentiment:
Support: $1,650 đĄïž | Resistance: $1,864 đ§
Undervalued at 0.05 TVL ratio âïž
Potential upside: $1,800â$2,000 (base) đ / $2,500â$3,000 (bullish) đ
Maker/Sky remains a core DeFi infrastructure for stablecoin issuance and decentralized governance đïž. RWA expansion and USDS adoption could drive MKR 3â5x đ.