Maker

620.79
-7.12%
USD
Exchange MKR
x
Price History
Market Cap
620,794,263 USD
24h Volume
1,786,329 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
27 months
Algorithm
N/a
Block Processing
N/A
Emission Rate
Deflation Through Token Burning
Community size
32,127
Open Source
Yes
CEO
Rune Christensen
CTO
Andy Milenius
Team Memberes
39 member, 16 developers
Maker News
View All
MakerDAO Voters Divided on How Much to Hike Fee for DAI Stablecoin
Token holders for the programmatic loan system MakerDAO have once again signaled support for raising fees through a now-weekly online poll.
Why Coinbase's Move Into Proof-of-Stake Matters
That's the question experts in the space are pondering with the recent announcement that Coinbase Custody will offer staking support for Maker, Tezos and Cosmos.
MakerDAO to Increase Fees Above 10% in Bid to Stabilize DAI Stablecoin
Investors who hold tokens in the programmatic lending protocol MakerDAO appear likely to approve a fifth fee increase that would further raise the cost of platform's US dollar-backed stablecoin DAI. Since Monday, five different options have been presented to MakerDAO token holders, all of which suggested different possible increases to the platform's "Stability fee," the most extreme being a 4 percent increase.
Clear Majority in Fifth MakerDAO Vote Looks Set to Pass Another Increase in DAI Stability Fee
Users of Decentralized Autonomous Organization MakerDAO look set to raise the stability fee for Maker's DAI stablecoin by a further 4%, in the fifth such vote this year.
Tensions Flare on MakerDAO Community Call Over Transparency Issues
Questions over an ongoing board shakeup flamed tensions Tuesday during a weekly community call, with participants asking pointed questions about who controls a $190 million pot of MakerDAO governance tokens.
Coinbase Pro announces support for EOS, Maker, and Augur
8, San Francisco-based cryptocurrency exchange Coinbase announced the addition of EOS, Maker, and Augur to its professional trading platform, Coinbase Pro.Coinbase Pro's New AdditionsEOS: EOS is a blockchain protocol that enables horizontal scaling of decentralized applications, allowing developers to efficiently create high performance distributed applications.
Coinbase Pro Lists EOS, Augur's REP and MakerDAO's MKR Tokens
Coinbase is adding EOS, Augur's REP and MakerDAO's MKR to its professional trading platform Monday.
Coinbase Pro Adds Support for Three New Tokens: EOS, Augur and Maker
Coinbase Pro, the professional offering of major American crypto exchange and wallet service Coinbase, has added support for EOS, Augur and Maker.
Coinbase Custody Begins Staking Services With Tezos, Maker to Follow
The institutional asset custody arm of United States cryptocurrency exchange Coinbase has launched staking for Tezos, the company announced in a blog post on March 29.
$5 Million in MakerDAO Loans Have Been Liquidated, But Help Is on the Way
It goes without saying that this comes with a considerable amount of risk to the user borrowing DAI, given that sudden drops in ether price may devalue collateral held within a CDP. Should the value of any contract fall below the minimum collateralization ratio of 1.5 ETH to DAI, the MakerDAO system will forcibly liquidate a user's CDP and sell all staked ether automatically at a 3 percent discount to cover outstanding DAI debt - all this on top of a 13 percent liquidation penalty.
x