Exchange MKR
Price History
Market Cap
749,304,714 USD
24h Volume
423,830 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.
Consensus Method
Ethereum Consensus
Status of Project
Fully Working Product
Coin Age
29 months
Block Processing
Emission Rate
Deflation Through Token Burning
Community size
Open Source
Rune Christensen
Andy Milenius
Team Memberes
39 member, 16 developers
Maker News
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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.
Coinbase Now Supports Another Stablecoin, MakerDAO's Dai
Major cryptocurrency platform Coinbase now supports stablecoin Dai, according to an official press release on May 23.
Coinbase lists MakerDAO stablecoin Dai on its retail platform
Coinbase listed Maker's stablecoin Dai on its retail trading platform.
'Fortnite' Maker Teams Up With Crypto's Steam Competitor to Boost Game Development
A gaming platform built on crypto is teaming up with the creator of "Fortnite."
$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One
Galaxy Digital, the crypto merchant bank founded by former hedge fund manager Michael Novogratz, has received $71.2 million after selling its shares in Block.
Low Turnout Hinders MakerDAO Vote to Decrease Stablecoin Stability Fee by 2%
The vote to decrease stability fee for MakerDAO's Ethereum blockchain-based decentralized stablecoin Dai has failed, according to the voting results published on May 20.The vote about whether to decrease the fee by 2% to 17.5% per year started yesterday, May 19.