The stock ticker $MKR has increased by 11% for the day and 25% for the week, with a trading volume of 100 million which is up by 100% compared to the average. The rise may be due to the news of the maker Dow restructuring proposal, which would allow borrowing with the MKR token. However, this proposal has faced criticism as it resembles the Luna USD model which caused a $40 billion market crash. The maker protocol is a governance token for the maker down maker platform, which allows users to manage the die stable coin. It is expected that the crypto market will rebound quickly along with equities at the start of the week, but negative job numbers towards the end of the week may cause further pain.
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