Maker (MKR) Cryptocurrency

1 Maker is currently worth 629.78 usd

1 Hour 1.56%  24 Hours -11.28%  7 Days -20.33%

Coin Rank: 32

Price in BTC: 0.0820486

24H Volume: $267,032.00

Market CAP: $389,346,867.00

Total Supply: 1,000,000

Available Supply: 618,228

Maker (MKR) Cryptocurrency About Maker
Start date: 01/01/0001

Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It's token, MKR is a speculative Ethereum based asset that backs the value of the dai, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funnelled to MKR owners through BuyBack program (Buy&Burn).