Maker (MKR) Rank 16
$732.634836
Maker (MKR) Rank 16
Website Reddit
1,000,000 MKR

Maker (MKR)
Maker (MKR)
MKR

Maker (MKR) Price
$732.63

Maker (MKR) 24h Vol
$1,869,885

Maker (MKR) Market Cap
$732,634,836

Maker (MKR) Circulating
1,000,000

Full Name
Maker (MKR)
Symbol
MKR
Algorithm
BTC Price
0.181931374400 BTC
BTC Market
181,931 BTC
BTC 24h Vol
464 BTC
Total Coins Mined
1,000,000 MKR
1h
-0.21 %
24h
1.11 %
7d
5.16 %

Charts

Description

Description


Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It's token, MKR is a speculative Ethereum based asset that backs the value of the dai, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funnelled to MKR owners through BuyBack program (Buy&Burn).