Maker is now available as an adaptor in Fabrx’s ever-expanding Web 3.0 API Adaptor Suite.

Maker is a smart contract platform on Ethereum that backs and stabilizes the value of the Dai stablecoin through a dynamic system of CDPs (Collateralized Debt Positions), autonomous feedback mechanisms, and appropriately incentivized external actors.

The network enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform. Once Dai is generated, it can be used just like any other cryptocurrency; it can be freely sent to others, used as payments for goods and services, or held as long-term savings. More importantly, the generation of Dai also creates the necessary components for a robust, decentralized lending platform.

The MakerDAO Adaptor enables developers the capability to immediately integrate transparent, sustainable finance while providing everyone equal access to high-quality financial services. By using the Fabrx Platform right now, any organization or project can start building on top of Maker in just a few minutes with only a few lines of code.

Fabrx API Adaptor Suite

The API Adaptor Suite is Fabrx’s first layer giving anyone the ability to plug into a single API to access Web 3.0 applications in a 1:1 manner. There’s no need to worry about API updates, breaks, or deprecation because Fabrx handles all of that.

Fabrx’s Maker Adaptor currently permits developers to easily integrate Maker functionality into their application. It will also enable them to extract information from the MakerDAO Oracle including segments on data pertaining to Maker, ETH, WETH (Wrapped Ethereum), and PETH (Pooled Ethereum). Future updates will include the capability to open and control CDPs (collateralized debt positions) on Maker, create DAI, transfer tokens and implementing global settlements.

Start Building on Fabrx and Integrate Maker Today

Visit the Fabrx Platform for more information and start integrating real Web 3.0 functionality into your application within a few minutes. You can also directly connect and chat with the team on their Discord should you have any questions or suggestions.

To learn more about Maker and their products please visit the following links:

Maker Website

Blog

Twitter

GitHub