Maker
The Maker protocol, also known as the Multi-Collateral Dai (MCD) system, was founded in 2017 by the Maker Foundation, and supports the Dai, a stablecoin pegged to the US dollar. Maker enables users to mint DAI by pledging collateral assets approved by the Maker Governance.
Maker Programs
Black Thursday & Flip Auctions
Testing the collateral liquidation auctions ("Flip Auctions") under adverse market conditions.
Flapper Surplus DAI Auctions
Creating the market conditions to trigger Flapper Surplus DAI Auctions.
Peg Stability Module (PSM)
Testing the Peg Stability Module which allows users to swap collateral directly for DAI.
Keeper Gas Strategies
Simulating how keepers with competing gas strategies impact the Auction Price Curve for liquidations.