Maker (MKR) is one of the big gainers in the recent altcoin rally. MKR added nearly 20% to its price in a week, reaching $540.73. The project is receiving a long-term boost from the expansion of decentralized finance, or DeFi. The DAI stablecoin has circulated through decentralized finance projects, including Compound.
https://twitter.com/sullof/status/1174790519580291077
Maker becomes the first third-party project to make use of Loom Network’s cross-chain capabilities. This marks the continued expansion of Maker’s business model through other vectors, namely a variety of blockchains.
“Dai being supported on Tron, Binance Chain, and other major chains means we’re one step closer to creating a