The Graph vs MakerDAO
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The Graph
The Graph is a decentralized indexing protocol launched in 2020 that enables developers to query blockchain data from networks like Ethereum using GraphQL, functioning as a key infrastructure layer for Web3 applications.
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MakerDAO
MakerDAO operates as a decentralized financial platform built on Ethereum. It’s notable for creating and maintaining DAI, a cryptocurrency designed to maintain a consistent value relative to the US dollar. This stablecoin utilizes smart contracts and algorithmic mechanisms to achieve its peg. MakerDAO is primarily utilized by individuals and institutions involved in decentralized finance seeking a...
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