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MakerDAO and MKR has been the fascination of the cryptocurrency world for the past 12 months. Deservedly so, as almost 2% of all Ether is currently locked up in MakerDAO, DAI is the only permissionless stablecoin, and MKR is one of the few tokens that is required by it’s system, and the system itself is up and running.
This article goes into the secondary market valuation of MKR, and the interesting game-theoretical outcomes that result of the Buyback and Burn model.
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