Maker

462.09
0.81%
USD
Exchange MKR
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Price History
Market Cap
456,849,236 USD
24h Volume
3,438,860 USD
Circulating Supply
988,663 MKR
Max Supply
988,663 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
36 months
Algorithm
N/a
Block Processing
N/A
Emission Rate
Deflation Through Token Burning
Community size
43,965
Open Source
Yes
CEO
Rune Christensen
CTO
Andy Milenius
Team Memberes
39 member, 16 developers
Maker News
View All
MakerDAO Pitches DeFi to the Masses at CES 2020
LAS VEGAS - There's a "Digital money" section on the show floor of the Consumer Electronics Show in Las Vegas, but MakerDAO is the only digital money with a booth there.
Ex MakerDAO partner pledges $4.2m for DeFi research
Nikolai Mushegian, the former technical partner at blockchain project MakerDAO, donated 3,200 MKR to his alma mater, Carnegie Mellon University.
Dragonfly Capital, Paradigm Buy $27.5M Stake in Governing MakerDAO's Future
Venture funds Dragonfly Capital and Paradigm have acquired $27.5 million worth of MKR tokens and plan to take part in the Maker Protocol's governance system.
Maker Foundation Announces $27.5 Million MKR Sale, Expands DeFi to Asian Market
The Maker Foundation, the group behind the decentralized crypto platform MakerDAO, announced today that venture capital funds Dragonfly Capital Partners and Paradigm have acquired $27.5 million worth of MKR. This is approximately 5.5% of the total MKR supply.
Experts Claim Allegations on MakerDao Vulnerabilities Are Substantial
At the start of December, the Maker Foundation hosted a number of governance polls on its website to ease rising concerns following allegations put forth by developer Micah Zoltu in regards to how hackers with enough financial resources could potentially carry out an attack on the MakerDAO network and steal close to $340 million.
Bitcoiners Are Building a Sidechain Version of Ethereum's MakerDAO
The bitcoin community may soon have its own version of ethereum's flagship decentralized finance platform.
Developer says $340M of collateral in MakerDAO could have been easily wiped out
The Maker Foundation is introducing a new security proposal after a well-known software engineer revealed that a malicious actor with enough Maker could steal all of the collateral in MakerDAO, taking with him over $340 million.
MakerDAO Responds to Dev Accusing Network of $340M Vulnerabilty
The Maker Foundation has announced a series of governance polls aimed at security after software developer Micah Zoltu explained how any hacker with $20 million at their disposal could stage an attack on the MakerDAO network and steal close to $340 million.
Developer Flags Big-Money Loophole for Stealing All the ETH in MakerDAO
Micah Zoltu, an independent software developer who is also one of the co-authors of the original white paper for the decentralized prediction market Augur, published a blog post on Monday describing an attack on MakerDAO that, he argued, could empty all the ETH from the system.
MakerDAO President talks multi-collateral Dai rollout, advantages of Dai Savings Rate, product roadmap and more
CryptoSlate recently had the opportunity to chat with Steven Becker, the President and COO of MakerDAO. MakerDAO is a unique dApp that generates Dai, the world's first decentralized stablecoin that facilitates economic growth on the blockchain and economic empowerment with the blockchain.
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