What does “maker单” mean (maker+)

What does \”maker单\” mean? Maker单 is a contract deployment using the Maker protoco

What does maker单 mean (maker+)

What does “maker单” mean? Maker单 is a contract deployment using the Maker protocol. There are two types of Maker orders: one is an automated market maker model (AMM) executed based on smart contracts, and the other is a way to allocate assets between trading counterparties using robotic functionality. The prices and the number of liquidity providers can be customized according to demand. Maker orders, also known as liquidation positions, refer to the collateral required when funds are entrusted to a designated third party. If the third party wants to borrow funds from the Maker system or sell their funds, they will need to pay the corresponding fee as a clearing guarantee.

maker+

Original article title: “Integration of Maker+ DeFi Toolset”

MakerDAO is a decentralized lending platform of Maker Foundation, which provides users with a secure, simple, and efficient choice for loans and earning profits.

The Maker team is developing a new type of lending product, maker+ – the collateral-backed asset generation protocol in MakerDAO, which allows borrowers and lenders to automatically create a new asset pool with custom interest rates and variable fee rates through Maker contracts. The Maker community will use these funds to mint new tokens in Maker and utilize Maker as the foundational layer of the new economy within the Maker ecosystem.

The Maker project plans to launch the first application supported by MakerDAO in collaboration with the Maker Foundation, called Maker.fi. The Maker Foundation has announced that this initiative will be revealed in the coming weeks. The Maker team has released the first practical custom design framework for the Maker project and opened its beta version to MakerDAO in mid-January of this year.

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