Maker

485.61
-0.43%
USD
Exchange MKR
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Price History
Market Cap
485,612,273 USD
24h Volume
10,971,062 USD
Circulating Supply
1,000,000 MKR
Max Supply
1,000,000 MKR
Maker Overview
In contrast to Dai which is a stablecoin that is suitable for payments and savings, MKR is a token that has a volatile price because of its unique supply mechanics and role on the Maker platform. MKR is a utility token, governance token and recapitalization resource of the Maker system.
Blockchain
Ethereum
Consensus Method
Ethereum Consensus
Status of Project
Fully Working Product
Coin Age
33 months
Algorithm
N/a
Block Processing
N/A
Emission Rate
Deflation Through Token Burning
Community size
39,331
Open Source
Yes
CEO
Rune Christensen
CTO
Andy Milenius
Team Memberes
39 member, 16 developers
Maker News
View All
WATCH: Our On Tap Meetup In Tokyo United Japanese Blockchain Fans With the Global Makers
What do you get when you give a bunch of crypto fans a bunch of beer and pizza? If you answered "An amazing meetup featuring devs and explorers from all over the world," then you're absolutely correct.
5 Top Car Makers Enter Field Trials for Automatic Blockchain Payments
A group of major automakers are about to hit the road with the first field testing of a vehicle identification network next month in the U.S. As reported by Nikkei Asian Review, BMW, General Motors, Honda, Ford and Renault are working with the Mobility Open Blockchain Initiative's on integrating the blockchain system to automatically make payments on typical commuting runs.
Coinbase Custody Announces Support for Maker Governance Voting
Coinbase Custody now allows Maker holders to participate in the project's governance without withdrawing their funds.
MakerDAO's Multi-Collateral DAI Token Is Launching Nov. 18
MakerDAO is launching a new version of its programmatic stablecoin DAI next month.
Maker Foundation's Multi-Collateral Dai to Launch on Nov. 18
Rune Christensen, the CEO of the Maker Foundation, has revealed that the Multi-Collateral Dai system will be ready to launch on Nov. 18.
Coinbase Pro's Fees Surge 233% for 'Lower-Volume' Users, Whale Fees Drop
Major United States-based crypto exchange and wallet service provider Coinbase has announced that it will increase trading fees again on its professional platform Coinbase Pro.Maker fees for trades under $10K surge over 200%. Starting from Oct. 7, Coinbase Pro will adopt a new fee structure that will cause its maker trading fees for low tier - $10,000 and below - to surge as high as 233%, according to the update posted on Oct. 3.
Hackerone User Reveals Critical Bug Through MakerDAO Bounty Program
MakerDAO, the decentralized organization that runs on Ethereum, has fixed a critical bug that could have resulted in a complete loss of funds for all Dai users.
MakerDAO Bounty Program Catches 'Critical' Bug Before Launch
MakerDAO has patched a "Critical" bug in its yet-to-be-launched Multi-Collateral Dai upgrade that could have put more than 10% of the system's total collateral at risk.
EOS Maker Block.One Settles With SEC Over Unregistered Securities Sale
One must pay $24 million in penalties for conducting an unregistered securities sale, the U.S. Securities and Exchange Commission announced Monday evening.
Binance Introduces Its Market Maker Program for High Volume Users
Major cryptocurrency exchange Binance announced in a blog post published on Sept. 30 that it is launching a market maker program.
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