DAO Maker wallet
The most secure hardware wallet for your DAO Maker
Make the smart choice for your DAO Maker. Trust in Tangem hardware wallet, chosen by thousands for secured self-custody.
How to secure your DAO Maker with Tangem?
When you buy or hold DAO Maker in Tangem, it secures your private keys in many ways:
- With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
- Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
- An access code and biometric authentication protect against unauthorized access.
- Private keys are generated and stored on its EAL6+ CC secure element.
How to get a DAO Maker Crypto Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemWhy choose DAO Maker wallet with Tangem.
Privacy
No registration and KYC required to use the app. We don't track your data.
Security
Your private keys are encrypted and never leave your device. Only you have control over your funds.
Convenient designs
Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Customer care
Fast support for your needs. Live chat and email support for customers from all over the globe.
What is DAO Maker (DAO)?
DAO Maker Token serves as the governance token within the DAO Maker Ecosystem, anchored on the Ethereum blockchain. This token empowers holders to partake in decision-making processes influencing the ecosystem’s trajectory and evolution. Since the latter part of 2020, DAO Maker has executed several Dynamic Coin Offerings, amassing over 8 million USD in the process.
What is a DAO Maker wallet?
A DAO Maker wallet is indispensable for storing private keys, which grant you the ability to control your DAO Maker address. While it does not hold DAO Maker coins per se, as they reside on the blockchain, its main purpose is to generate and keep these private keys, facilitating your access to and management of your DAO Maker accounts. Ultimately, a DAO Maker wallet enables you to store, send, receive, and manage DAO Maker tokens.
How does a DAO Maker wallet work?
DAO Maker wallets use key pairs composed of public and private keys to manage blockchain accounts. The private key is crucial for accessing a specific DAO Maker account and must be kept secure, whereas the public key can be openly shared to receive DAO Maker. To move funds from your account, the associated private key is required. The Tangem Wallet, for instance, securely generates and houses private keys in its chip.
What are the types of DAO Maker wallets?
Exchange DAO Maker Wallets:
Platforms like Coinbase, Binance, and Kraken enable DAO Maker transactions via centralized, custodial wallets. This approach carries potential risks, such as restricted account access.Software DAO Maker Wallets:
Installed on devices, these wallets offer a convenient way to manage private keys and DAO Maker tokens, though they can be susceptible to malware and cyber threats. They include mobile, desktop, and browser-based variations.Mobile DAO Maker Wallets:
Applications available on smartphones that facilitate DAO Maker management.Desktop DAO Maker Wallets:
Installed on computers, these wallets store private keys on hard drives or SSDs.Hardware DAO Maker Wallets:
Offline storage solutions, such as Tangem, providing protection from online hazards.
How to Choose the Best DAO Maker Wallet
Selecting an ideal wallet hinges on your specific preferences, highlighting simplicity, trustworthiness, longevity, and security. To mitigate online risks and securely hold large amounts of DAO Maker, it is recommended to choose a hardware wallet like Tangem.
DAO Maker DAO
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See all supported cryptosDAO Maker FAQ
- You can buy DAO Maker on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
- For long-term storage of DAO Maker, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
- Transfer fees for DAO Maker depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
- To create a wallet for DAO Maker, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
- MKR isa decentralised ERC20 token representing a stake in the Maker Project. The platform, for example, was one of the first-ever tradeable tokens on the Ethereum network. Maker is one of the most popular ETH-based platforms. More than 2.1 million ETH are locked up in Maker CDP Contracts.
- MakerDAOallows users to take out crypto loans using other cryptocurrencies as collateral.
- Maker (MKR), the cryptocurrency,functions as a governance token in this ecosystem. Participants who hold MKR have voting power to decide on any changes made to the Maker protocol's functionality. The more MKR they hold, the more voting power they have. Additionally, MKR plays a vital role in risk management.
- DAO Maker isa blockchain project launchpad that provides growth technologies and funding frameworks for startups. It offers a range of services, including incubation, operations, and advisory services, as well as social mining, which rewards community members with native tokens.
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