#MarketRebound Marker Rebound (MKR)

Marker Rebound (MKR) is the governance token of the Maker Protocol, a decentralized autonomous organization (DAO) that issues and manages DAI, a stablecoin pegged to the US dollar. MKR holders have the power to vote on key parameters of the DAI system, including stability fees, collateral types, and risk management strategies. Its value is tied to the success and stability of the DAI ecosystem. As DAI adoption grows and the protocol generates surplus, MKR holders can benefit through token burns or other value accrual mechanisms. MKR plays a crucial role in the decentralized governance and risk management of a leading DeFi stablecoin.