Maker

512.34
4.04%
USD
Exchange MKR
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Price History
Market Cap
512,336,874 USD
24h Volume
2,102,849 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
31 months
Algorithm
N/a
Block Processing
N/A
Emission Rate
Deflation Through Token Burning
Community size
36,863
Open Source
Yes
CEO
Rune Christensen
CTO
Andy Milenius
Team Memberes
39 member, 16 developers
Maker News
View All
Digix and MakerDAO Tokens Now Loadable Onto Monolith Visa Debit Card
London-based banking alternative Monolith announced its partnership with decentralized finance companies Digix and MakerDAO, Aug. 15.
Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report
Canaan Creative, the major bitcoin miner manufacturer, is said to have confidentially filed for an IPO in the U.S. According to a report from IFRAsia on Wednesday citing "People with knowledge of the matter," the Hangzhou, China, based firm is seeking to raise $200 million via the public listing.
Market Maker Altonomy Raises $7M in Funding Round Led by Polychain Capital
Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15.Singapore-based market maker Altonomy is planning to allocate the raised funds to source liquidity for institutional customers like spot and derivatives exchanges.
$1 Million Loans Are Being Minted on MakerDAO
Today, the fifth-largest loan position in the MakerDAO system minted 1 million new DAI tokens.
Coinsource Adds Dai Stablecoin to Bitcoin ATM in Preparation of Remittance Roll-Out
Coinsource, a Texas-based bitcoin ATM operator, announced a partnership with the Maker Foundation to make the Dai stablecoin available on its machines this summer in preparation for the launch of a full remittance service.
Internal Power Struggle at MakerDAO: When Coding and Personal Interests Collide
Various views on how the platform should be managed led to the conflict of interest at the headquarters of MakerDAO. It all started with the fact that Andy Milenius, the company's chief technology officer, left the project, as reported by Cointelegraph on April 28.
MakerDAO finally lowers its stability fee as Dai overshoots peg
MakerDAO token holders voted to decrease the stability fee on the Dai stablecoin by 2 percent to 17.5 percent.
Report: Tezos Is About to Undergo Its First Token Holder Administered Hard Fork
A governance vote of public smart contract-enabled blockchain tezos started on Feb. 28 has been concluded - as scheduled - three months later, on May 28.
MakerDAO: Proposal to Lower DAI Stability Fee by 2% Executed
The decision to lower the so-called stability fee for MakerDAO's Ethereum blockchain-based decentralized stablecoin DAI by 2% has been executed on May 28.
MakerDAO Finally Approves DAI Fee Decrease After 11-Day Deliberation
After nearly two weeks of continuous voting, MakerDAO token holders have officially activated a decrease to DAI stablecoin fees.
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