Maker is a Decentralized Autonomous Organization(DAO) that manages the Dai Stablecoin System on the Ethereum blockchain.
A decentralized stablecoin is the required component necessary to unlock the next phase of the digital financial revolution. Maker has taken the best parts of earlier stablecoin designs and combined them into the ultimate decentralized currency: Dai (unicode symbol: ⬙)
The fact that Maker is a DAO means that it is possible for anyone, anywhere to become a part of Maker and help build the backbone of a new economy.
MKR holders are the highest authority in the Maker system---they help govern the system and are benefited when they govern it well, but they also have to foot the bill if things are mismanaged---as a group they need strong social cooperation and a vigilant attitude towards governance.
The most crucial part of the Dai Stablecoin System is the CDP platform. CDPs are smart contracts that hold the collateral assets that guarantee the value of outstanding Dai, while simultaneously serving as a platform for decentralized margin trading; with lower costs and higher security than what is possible with current margin trading solutions.
The Dai stablecoin and the CDP platform combine to offer a full solution for global decentralized finance where everyone, from rural India to Wall Street, can benefit from decentralized finance.
Below is a collection of resources for anyone interested in exploring MakerDao. You can find everything from official documentation, to beginner guides, analysis pieces, tools, partnership announcements, AMAs, podcasts, 3rd party apps, and much more.
- Official Properties
- Official Channels
- Beginner Guides
- Tutorials
- FAQs
- In Depth Analysis
- Speculation
- Critiques
- Governance
- Major Milestones
- AMAs | Interviews
- Partnerships
- Podcasts
- Videos
- Dai | MakerDAO Mentions
- Audits and Security
- Use Your Dai
- Watch your Dai
- Hold your Dai
- Trade Your Dai
- Spend Your Dai
- Developer Resources
- Stablecoins in General
- MakerDAO Website
- Whitepaper: 9 Languages
- CDP Portal
- Old Dai Dashboard
- Governance Dashboard
- Platform Data
- Oasis.direct | Oasisdex.com
- A Primer on Stablecoins by MakerDAO: Part 1 | Part 2 | Part 3: Medium Series by MakerDAO
- MakerDAO for Dummies: Part 1 | Part 2: Medium Series by Gregory DiPrisco
- TL:DR; A Snappy Guide to MakerDAO and Dai: Medium Post by Shaunsuave
- A Stable Coin to Kill Traditional Scured Loans: Meet Maker Dai: Medium Post by Chelo Cavazzoli
- How to Use the DAI Platform: Medium Post by Jordan Randolph
- The Dai Stablecoin is a Game Changer: Medium Post by James Seibel
- Decentralized recursive ETH leveraged positions on MakerDAO — part 0: Preface and introduction: Medium Series by Péter Újvári
- CDP Creation Guide: Reddit post by u/Blieden
- Intro to MakerDAO Part 1 | Part 2: Articles by Blockgeeks(.com)
- Beginner's Guide to MakerDAO & Dai: Article by Blockonomi(.com)
- What is Maker Dai?: Article by CoinCentral(.com)
- What is MakerDAO?: Article by TokenDaily(.co)
- What is Maker? A Complete Guide: Article by cryptocurrencyguide(.org)
- Replacing Federal Reserve With Lines of Code: Article by Londonletter(.org)
- 中文 | Tutorial in Chinese: How to Use the Dai Platform: video by Maker说
- What I Learned by Getting a Loan From a Robot (Ethereum, MakerDAO, Stablecoins): Video by Blockhead Media
- Ivan on Tech: What is MakerDAO? Understanding The Essential Mechanism: Video by Ivan-on-Tech
- Opening a CDP with the New MakerDAO CDP Portal: Medium post by Deepit AG
- Managing CDPs directly in MyEtherWallet (for hardware wallets): Reddit post by u/zarigis
- Tutorial - Seamless Dai Integration in Existing DApps: Blog post by Kevin Liu
- How to setup DAI for local development: Medium post by Matthew Black
- MakerDAO Tutorial - How To Create A Loan CPD: Youtube Video by Nuggets News
- Opening a CDP using InstaDapp's CDP portal: Medium Post by Vishva Dave
- FAQ: Stability Fees: Reddit post by u/rich_at_makerdao
- FAQ: Liquidation: Reddit post by u/rich_at_makerdao
- FAQ: Stability fee raise: Reddit post by u/rich_at_makerdao
- FAQ: Where does the name "Dai" come from?: Reddit post by u/Rune4444
- How Dai Addresses Centralization and Counterparty Risk: Medium post by MakerDAO
- Ether Deflation Caused by MakerDAO Part 1 | Part 2 | Part 3: Medium post by Deepit AG
- Maker DAO Network Analysis: Post by santiment(.net)
- The Role of Ether in Multi-Collateral DAI: Medium post by David Hoffman
- Examining the Supply of Maker Dai: An Analysis into CDP Demand: Medium Post by Jack Purdy
- The Auction Grinding Attack: a case for a liquidation penalty in MCD: Paper by Lev Livnev
- Single collateral Dai— 9 months in review: Medium post by Mike McDonald
- Maximum Leverage on Maker: Blog post by Ian Macalinao
- Measuring Maker-Dai stability: Medium post by Sid Shekhar
- Collateralized Debt Obligations for Issuer-Backed Tokens: Research post by Vbuterin
- How stable are the top stablecoins? A quantitative analysis: Medium post by Wes Levitt
- Thoughts on how the amount of Dai issued affects the valuation of MKR: Reddit post by u/davidutro
- Cryptoasset Research: Maker (MKR): Medium post by Jack Purdy
- Investment Analysis: MakerDAO: Medium post by Aviv Milner | Victor Hogrefe
- Maker Dai: Stable, but not scalable: A lesson in stablecoin arbitrage | Reddit Thread: Medium Post by Hasu
- Reserve’s Analysis of the MakerDAO Protocol: Blog post by Nevin Freeman
- MakerDAO and the Dai: Blog post by Havven
- Cryptoasset Collateral Concerns: Blog post by Havven
- Why Should We Trust the MakerDAO Oracle System?: Reddit post by u/griggah
- 4 questions to DAI and the future of stable cryptocurrency: Article by Esben Vest
- Can the powers that be shut down MakerDAO and Dai?: Reddit post by u/18idlwk1920dc
- Governance & Risk Meetings: Audio: Soundcloud Playlist
- Governance & Risk Meetings: Video: Youtube Playlist
- Governance & Risk Meetings: Written recaps: Github repo
- Community Meetings: Video: Youtube Playlist
- MakerDAO Governance Risk Framework Part 1 | Part 2 | Part 3: Medium Posts by MakerDAO
- Lessons from MakerDAO: Medium post by Nick Tomaino
- Deep dive into MakerDAO Governance: A look at the code for governance in SCD: Medium post by banteg
- Dai Savings Rate Announced: Medium post by MakerDAO
- Foundation Proposal v2 | v1: Medium post by MakerDAO
- Reaching a Compromise on the 20% Principle and the Foundation Proposal: Medium Post by MakerDAO
- The Importance of Debt Ceilings within MakerDAO’s Collateralized Stable-Coin System: Medium Post by David Utrobin
- 12/18/2018: Happy BirthDAI: 1 year since the launch of Dai
- 11/13/2018: 1,000,000 ETH Locked in the CDP Engine
- 10/30/2018: Introducing the new CDP Portal for Single Collateral Dai
- 10/24/2018: Announcing the MakerDAO Core Community Development Initiative
- 09/15/2018: Foundation Proposal Approved
- 09/11/2018: Introducing the Governance Voting UI v1
- 09/17/2018: Multi-collateral Dai Code Open for Review
- 07/26/2018: Increasing the Dai Stability Fee | FAQs
- 07/03/2018: Debt Ceiling Raised to $100MM USD
- 03/29/2018: Oasis.Direct provides instant exchanges
- 12/22/2017: Sai Globally Settled
- 12/18/2017: Dai v1 Launched
- 12/17/2017: Dai v1 Audited
- 06/05/2017: Introducing Sai
- 01/10/2019: A Conversation with MakerDAO’s “Head of Oracles” - Mariano Conti
- 11/30/2018: MakerDAO President Steven Becker on the Boom in 'Stablecoins'
- 11/19/2018: MakerDAO—The Backbone of the Future Economy? Interview with Rune Christensen
- 11/01/2018: Niklas Of MakerDAO - Synthetic Tokens, Earning Interest On DAI, What's Next: Crypt0news
- 08/22/2018: MakerDAO: The Future of Finance; an interview with Rune Christensen
- 08/17/2018: Interview: MakerDAO CEO Rune Christensen Talks Stablecoins
- 08/16/2018: We're Rune Christensen (CEO, MakerDAO) and Michael Dunworth (CEO, Wyre) - we just announced a great partnership. AMA (AUA)
- 08/09/2018: MakerDAO Chat with Greg Diprisco
- 06/25/2018: A Better Stable Coin Than Tether? Interview with, Rune Christensen, MakerDAO Co-Founder (VIDEO)
- 04/22/2018 MakerDAO Interview with Matt Richards - BQLQ
- 01/31/2018: Andy Milenius Of MakerDAO: Crypto Price Volatility Will Hinder Real Economy onto the Blockchain | UNITALKS
- 11/11/2017: Nugget's News - MakerDAO interview with Rune Christensen
- 07/10/2016: Bitcoinist.com short Interview with Rune Christensen
- 01/14/2018: VANTA to Accept Dai Stablecoin in Presale
- 12/05/2018: ZelCore integrates MakerDAO’s $DAI Stablecoin
- 12/04/2018: dYdX Margin Tokens and DAI
- 11/30/2018: Dai is now available on Compound.Finance
- 11/28/2018: Cryptocup integrates DAI and Kyber Network to launch a stable prize pool game
- 11/19/2018: OpenSea Buy and sell crypto collectibles with Dai
- 11/15/2018: MakerDAO partners with Ripio to bring Dai to South America via fiat on/off ramp
- 10/26/2018: MedX Partners with MakerDAO
- 10/18/2018: POA Network partners with MakerDAO on xDai Chain
- 10/18/2018: Groundhog partners with MakerDAO to integrate Dai stablecoin technology
- 10/04/2018: TheBigCoin announces partnership with MakerDAO
- 09/24/2018: a16z crypto purchases 6% of MKR, backing Stablecoin Vanguard MakerDAO | a16z Maker by Jesse Walden and Katie Haun
- 09/19/2018: Airbus Foundation to Accept Tokenized Donations with DAI, Plasma, and Ethereum's Full Stack
- 09/11/2018: CanYa releases ‘hedged escrow’ to protect platform users from price volatility
- 08/14/2018: MakerDAO and Wyre Give Businesses Immediate Access to Dai Stablecoin in Over Thirty Countries, Including U.S.A.
- 08/07/2018: Introducing MakerDAO and Dai to The Ocean Ecosystem
- 07/25/2018: Swarm investors will be able to lock in crypto prices with the world’s first Ethereum-based stablecoin
- 07/23/2018: bZx + MakerDAO
- 07/06/2018: MakerDAO Partners With Supply Chain Payments Company TradeShift
- 06/22/2018: Request Network adds Dai as a part of their initial ERC 20 support
- 06/20/2018: 8x Protocol Integrates with MakerDAO
- 06/08/2018: Bounties Network and MakerDAO are embarking on the first social impact bounty project
- 05/25/2018: Announcing Reloanr: Lendroid + Maker
- 05/24/2018: MARKET Protocol partners with MakerDAO
- 05/15/2018: STK Partners with MakerDAO to offer instant cryptocurrency transactions with Dai Stablecoin
- 05/11/2018: MakerDAO and Blockshipping Collaborate to Transform the Global Container Shipping Industry
- 05/10/2018: Dai will be included in the Dether App
- 05/03/2018: MakerDAO and Switchain partner to help users hedge against volatility
- 05/03/2018: imToken Makes History with MakerDAO
- 04/26/2018: Grow Open Source: Gitcoin+ MakerDAO
- 04/13/2018: Kyber Network Lists Its First Stablecoin
- 04/10/2018: MakerDAO and OmiseGO: Announcing Dai and OMG Collaborations
- 03/28/2018: MakerDAO to join Auctus Labs
- 02/22/2018: PayBear announces partnership with MakerDAO
- 02/21/2018: MakerDAO and CargoX partner to revolutionise logistics, supply chains and shipping
- 02/17/2018: Introducing The Stable Fund, in partnership with L4 Ventures
- 01/31/2018: MakerDAO and Digix: DGX gold tokens to play a crucial role in the DAI stablecoin
- 12/15/2017: Maker sells $12M of MKR to partners, led by Andreessen Horowitz and Polychain Capital
- 12/21/2018: a16z Podcast: All about Stablecoins, with Andy Milenius
- 12/20/2018: POV Crypto Special Edition: The Role of Ether in Multi-Collateral DAI, with David Utrobin
- 12/02/2018: POV Crypto — Episode 14: Bitcoin Vs. MakerDAO
- 10/25/2018: Boost VC S3 EP31: Solving for Volatility in Crypto with a Decentralized Stablecoin—with Steven Becker of MakerDAO
- 10/17/2018: 51percent: Ep 5: MakerDAO Founder and CEO Rune Christensen
- 09/28/2018: Unconfirmed: Rune Christensen of MakerDao on Its $15 Million From Andreessen Horowitz - Ep.039
- 09/22/2018: 101 Series: Stablecoins
- 02/27/2018: BlockZero #6 - Rune Christensen
- 02/09/2018: The Cryptoverse - If Tether Crypto Is A Scam, The DAI Token Is An Alternative with Rune Christensen
- 02/27/2018: Unchained Podcast - Why It's so Hard to Keep Stablecoins Stable with Rune Christensen
- 07/15/2017: This Week in Crypto - MakerDAO project CEO Rune Christensen
- 02/02/2017: BlockChannel Episode 7: Meet Your Maker, Ethereum: Andy Milenius & Kenny Rowe
- 03/28/2016: EB124 – Rune Christensen: MakerDAO Ethereum's Decentralized Central Bank
- Conference Panel: The Great Stablecoin Debate: with Reserve, USDC, and MakerDAO(Steven Becker) | MultiCoin Summit
- Bloomberg Panel: Stable Coins- a Volatility Cure-All?
- Animated Short: Stability Mechanics of the Dai Stablecoin System
- Short Interview: Andy Milenius of MakerDAO Talks To ChronoLogic about Scheduling Transactions
- Conference Presentation: Andy Milenius Talk about Dai at Devcon 4
- Conference Presentation: Dai Stablecoin Presentation with Andy Milenius @ Devcon 3
- Conference Presentation: Introduction to Dai @ World Crypto Economic Forum with Andy Milenius
- Conference Presentation: What’s to Come with Matt Richard at Dappcon 2018
- Conference Presentation: MakerDAO: Challenges of asset backed Stablecoins [Nik and Rune] | DeFi Summit Prague
- Meetup Presentation: MakerDAO and Dai Stablecoin @ Ethereum Shanghai with Chao Pan
- Meetup Presentation: What is MakerDAO? with Rune Christensen @ NYC Ethereum
- Meetup Presentations: Stablecoins with MakerDAO, Formal Verification Research @ Ethereum Madrid Feat. Denis Erfurt & Others
- Video Interview: Nugget's News - MakerDAO interview with Rune Christensen
- Video Interview: MakerDAO Interview with Matt Richards - BQLQ
- Video Interview: A Better Stable Coin Than Tether? Interview with, Rune Christensen, MakerDAO Co-Founder
- Video Interview: MakerDAO Chat with Greg Diprisco
- Mena Summit 2018 Panel, Charles Noyes mentions MakerDAO: Navigating Investments from Cryptocurrencies to Blockchain
- Youtube Video by Blockhead Media: What I Learned by Getting a Loan From a Robot (Ethereum, MakerDAO, Stablecoins)
- Youtube Clip by CryptosRUs: Tether 2.0 – A Look at Dai and Maker Coins
- Youtube Clip by Coin Mastery The Psychology Of "Doing Nothing" in Crypto - Weiss Ratings, Korean Exchange, StableCoins - Ep 130
- Youtube Video by CRYPTO Dai: The Stablecoin From MakerDAO on CRYPTO: Whitepaper Wednesdays
- Youtube Video by Jackson Palmer: What are Stablecoins?
- Youtube Video by Maker说 MakerDAO是什么？以太坊上的央行？| What is MakerDAO?
- 01/11/2019: Daimonds in the Soles of Her Shoes
- 12/19/2018: Exploring the Emerging Crypto Debt Markets
- 12/12/2018: MakerDAO: The Decentralized Global Reserve Bank: Medium Post by David Hoffman
- 12/10/2018: The Rise of Decentralized Finance: Article by Trustnodes(.com)
- 12/03/2018: Stablecoins: Use Cases | Stablecoins: Collateralization Types: Medium Post by Brian Colwell
- 11/21/2018: DAI Moved Nearly $200 Million worth of decentralized tokenized dollars: Article by Trustnodes(.com)
- 09/23/2018: Twelve reasons I’m bullish about Ethereum today: Post by Lane Rettig
- 09/17/2018: Ethereum Projects Start Using DAI as a Bank: Article by Trustnodes(.com)
- 09/10/2018: MakerDAO - Shitcoin Review
- 08/25/2018: DAI (MakerDAO) is Ethereum’s Crown Jewel: Post by Paolo Rebuffo
- 08/15/2018: Amid Chaos, DAI Stays Stable: Article by Trustnodes(.com)
- 08/07/2018: Mapping The Decentralized Financial System: Post by Max Bronstein
- 07/18/2018: Vitalik Buterin on Cryptoeconomics and Markets in Everything by Conversations with Tyler: Podcast by Tyler Cowen
- 07/18/2018 How Does MakerDAO’s Proposed 20% Charitable Giving Principle Make Sense?: Post by David Utrobin
- 06/13/218: The Four Major Things Missing in The Blockchain Industry: Post by Wesley Graham and Robert Greenfield | Blockchain at Berkeley
- 04/11/2018: Is It Time For Crypto Exchanges to Replace the Dollar?: Article by Trustnodes(.com)
- 02/07/2018: Dai CDP User Stories: Post by MakerDAO
- 01/24/2018: MakerDAO and More: The Quest for a Stable Stablecoin Continues - CoinDesk: Article by Coindesk
- 08/05/2017: Keepers — Workers that Maintain Blockchain Networks: Post by Ryan Zurrer of Polychain Capital
- MakerDAO Sai (Single-Collateral Dai) Contract Audit: Whitehat, et al.
- MakerDAO Sai (Single-Collateral Dai) Contract Audit: Trail of Bits
- MakerDAO Sai (Single-Collateral Dai) Contract Audit: Bok Consulting
- Dapphub: Trail of Bits
- Gilded Finance: Invoicing in Dai
- SilverWire: Reversible payments
- CDP Liquidator | DevPost Page: Safely unwind your CDP to avoid liquidation
- AutoCDP: Automate leveraging your CDP
- CDPer: A contract to automate some CDP actions
- QuickLine Market: Lend or Borrow Dai on Dharma
- Reloanr: Secondary Market for Dai Loans
- Hackathon Tool: CDP Automation
- Project Bifrost | Video: Making International Aid Instantaneous by leveraging Dai
- Compound.Finance: Lending and Borrowing Platform for Crypto
- LNDR: Expense sharing app by Blockmason
- Liquid Long: Open a leveraged ETH position in a single transaction, choose your leverage
- Telegram CDP Alerts: Telegram notifications when new DAI is issued or CDP debt is repaid by Bitpager
- CDP.Auction: A secondary market for CDPs
- CDP Station on Settle: Alternative CDP UI inside of the settle.finance app
- InstaDapp Borrow: Alternative CDP UI inside of InstaDapp
- Mkr.tools: MakerDAO System Explorer and Informational Statistics
- CDP Simulator: Speaks for itself
- Makerscan: MakerDAO System Explorer
- daiembassy: MakerDAO System Explorer
- Etherview: visualization of individual CDP health
- CDP Alert: Alerts on Dai Collateralized Debt Positions
- TRMLabs Insights: Stablecoin Comparison
- State of the Dapps: MakerDAO: MakerDAO Stats
- Supermax: MakerDAO Stats
- StableCoin Index: Stats of various stablecoins
- MakerDaiBot: Twitterbot
- Old Maker Redeemer: Tool for converting old MKR to new MKR
- OasisDex
- Radar Relay
- ERC dEX
- Totle
- DDex
- TradePass
- CoinChangeX
- ForkDelta
- BarterDex
- Paradex
- SharkRelay
- NeedsList: purchase items that are critically needed & help with disaster preparedness
- RequestNetworkTipBot: Tip with Dai on Reddit through /u/RequestNetworkTipBot
- Ethichub: Provide p2p Loans to Communities Around the Globe
- Dharma: Loan out your Crypto, including Dai
- TheBigCoin: Spend Dai Anywhere
- Bidali: Buy gift cards with Dai
- Wyre: Withdraw your crypto to Fiat US/Australia/EU(soon™)/UK(soon™)
- Ripio: Argentina, Brazil and, very soon™, Mexico
- Buenbit: Argentina and Peru
- Orionx: Mexico and Chile
- Purple Paper: Reference Implementation
- Glossary: of terms in code
- MCD Core CDP Engine Architecture: Diagram
- Executable K specification of the smart contracts of Multi-Collateral Dai
- k-dss formal specification and verification of Multi-Collateral Dai
- Node-Dai
- DappHub: decentralized tool suite
- Klab: generating and debugging K-framework reachability proofs
- Dai Token Tracker
- Global Settlement Mechanism
- CDP Engine
- CDP Liquidator
- Target Price Feed
- Dai Documentation
- Dai.js JavaScript library Documentation
- MCD_VAT: the CDP core engine
- MCD_PIT: Locking and drawing DAI
- MCD_CAT: the user-facing gateway contract for liquidating (biting) CDPs
- MCD_FLAP: Buying and burning MKR when the system has a surplus
- MCD_FLOP: Minting and selling MKR to cover bad debt
- MCD_GOV: the MKR governance token contract
- MCD_DAI: the DAI stablecoin contract
- MCD_JOIN_DAI: Minting and burning DAI
- MCD_JOIN_ETH: ETH adapter responsible for joining and exiting ETH collateral
- MCD_OSM_ETH: oracle security module feeding the ETH.USD price
- MCD_FLIP_ETH: the ETH flip auction contract
- MCD_JOIN_REP: REP adapter responsible for joining and exiting REP collateral
- MCD_OSM_REP: oracle security module feeding the REP.USD price
- MCD_FLIP_REP: REP flip auction contract
- 11/16/2018: Stablecoin overview: A condensed version: Post by the CoinMarketCap Blog
- 10/14/2018: A Taxonomy of Stablecoins - Token Daily Post by Cyrus Younessi of Scalar Capital
- 07/20/2018: Stablecoins, The Only Real Threat To Government Money: Hckernoon post by Abram Symons
- 07/02/2018: A brief history of Stablecoins (Part 1): Post by BITMEX RESEARCH
- 05/17/2018: Stablecoins: A Deep Dive, Featuring Basis, Carbon, and Fragments: Post by Leslie Ankney
- 05/03/2018: The Instability of Stablecoins: Hackernoon post by Anthony Xie
- 04/29/2018: Introduction to Stable Coins: Medium post by By Victor Hogrefe & Aviv Milner of Blockspace Solutions Inc.
- 04/16/2018: The Case for Central Bank Electronic Money and the Non-case for Central Bank Cryptocurrencies: Post by Aleksander Berentsen and Fabian Schar of The Federal Reserve Bank of St. Louis
- 04/08/2018: The Rise of Stablecoins: Post by Alex T
- 04/05/2018: Blockchain After the Gold Rush: Hackernoon post by Abram Symons
- 04/01/2018: Satire Announcing World Trade Francs: The Official Ethereum Stablecoin: Post by Vitalik Buterin
- 02/21/2018: Race for Stable Cryptos Heats Up as Volatility and Demand Surge: Post by Camila Russo
- 02/19/2018: Stablecoins: Designing a Price-Stable Cryptocurrency: Hackernoon post by Haseeb Qureshi
- 02/08/2018: Stablecoins 101: Why the Crypto Market Needs Fiat Stability: Post by Reuben Jackson
- 01/17/2018: An Overview of Stablecoins - Multicoin Capital: Post by Myles Snider of MultiCoin Capital
- 10/23/2017: Can a Blockchain Help Charities?: Post by Leo Bauza
- 00/00/0000: Stablecoins: Everything You Need to Know: Post by Conor O'Higgins
- Trivial.co: MKR News & Analysis In One Place
- Stablecoin Index: Price tracking site Created by Myles Snider
- TRMLabs Insights: Stablecoin Comparison
- Loanscan: financial information and analytics for debt issued on the Ethereum blockchain
- USDC: USD Backed
- TrueUSD: USD Backed
- Gemini Dollar: USD Backed
- Paxos Dollar
- Tether: USD Backed
- Havven/Synthetix: Collateral backed
- Basis: Seigniorage shares (Defunct)
- Kowala: Algorithmic
- Carbon: Algorithmic
- Stableunit: Hybrid
- Reserve: Unknown Category
- Fragments/Ampleforth: Unknown Category