MKR

MKR

Maker
$468.91
+2.31%
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  • Market Cap
    $313,338,791
  • 24h Vol (Global)
    ฿418 ($3,867,945)
  • Circulating Supply
    668,228
  • Issue Date
    2017-01-30
  • Issue Price
    -
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  • 15m
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
1,000,000668,2282017-01-30-POW1
etherscan.io
2
trivial.co
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
1,000,000Ethashhttps://github.com/makerdao/https://makerdao.com/TOKEN

The Dai Stablecoin is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar. We believe that stable digital assets like Dai Stablecoin are essential to realizing the full potential of blockchain technology. Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors. Maker enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform. Once generated, Dai can be used in the same manner as any other cryptocurrency: it can be freely sent to others, used as payments for goods and services, or held as long-term savings. Importantly, the generation of Dai also creates the components needed for a robust decentralized margin trading platform.

Teams
    Greg Diprisco

    Greg Diprisco

    Head of Business Development

    Greg graduated from Villanova University, he is a partner of Distributed Capital Partners as well as CEO of EtherIndex.

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    Soren Peter Nielsen

    Soren Peter Nielsen

    Head of Product

    He is an experienced Engineer and Software Architect. good at analyzing complex matters, and then finding and delivering new and untraditional solutions in an agile manner. Industries: Manufacturing, Energy, Semiconductor, Consumer Electronics, Travel & Transportation, SMB, Banking, Insurance, Petroleum, News & Media, Public Sector

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    Steven Becker

    Steven Becker

    President & COO

    Steven has graduated from the University of Cape Town as the first Class. Design and implement an operational framework to support the supply of stable coin into the blockchain ecosystem.

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    Rune Christensen

    Rune Christensen

    CEO

    Chief Executive Officer and Cofounder of MakerDAO. Since 2015, he has focused on establishing the vision and organizational structure of the Maker Decentralized Autonomous Organization and the economic foundations of the Dai stable digital currency. Previously, he served as co-founder of Try China, a company providing international recruiting.

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Introduction

The Dai Stablecoin is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar. We believe that stable digital assets like Dai Stablecoin are essential to realizing the full potential of blockchain technology. Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors. Maker enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform. Once generated, Dai can be used in the same manner as any other cryptocurrency: it can be freely sent to others, used as payments for goods and services, or held as long-term savings. Importantly, the generation of Dai also creates the components needed for a robust decentralized margin trading platform.

Social Media
News
MakerDAO Will Increase DAI Stablecoin Fees 4%, Marking the Biggeset 'Stability Fee' Increase Yet
2019-03-22
MKR Holders Show Overwhelming Support for Stability Fee Increase
2019-03-11
Justin Sun’s Stablecoin-Governance Coin JST Sells Out In Minutes
2020-05-06
Crypto whales are showing there’s a perfect storm brewing for Ethereum
2020-05-06
Crypto Listing and Delisting Announcements: Week 18
2020-05-04
Kraken CEO Underwent Surgery, Bitcoin Fees Skyrocket + More News
2020-05-04
Forget flash crashes and liquidated loans — Here’s why DeFi is set to explode
2020-04-29
On-chain data: Chainlink (LINK) is vulnerable to stark drop after 150% rally
2020-04-26
New Libra Might Help Crypto Adoption - Binance Research
2020-04-23
Bitcoin And Altcoins Target Fresh Monthly Highs
2020-04-22
Could DAI be the biggest threat to Ethereum DeFi? This analyst thinks so
2020-04-22
RSK Expands Bitcoin DeFi With ‘RIF on Chain’ Products
2020-04-21
Crypto Listing and Delisting Announcements: Week 16
2020-04-20
DeFi Market Cap Back Above $1 Billion After March Market Crash
2020-04-15
Coin Gecko Says the De Fi Arena Is Expanding Quickly Blockchain Expo Europe 2020 Asia Crypto Week TOKEN 2049 Blockchain Life 2020 Blockchain Expo North America 2020
2020-04-15
Investors Sue The Maker Foundation, MKR Goes up
2020-04-14
Send on Bitcoin, Receive on Ethereum: Atomic Loans Launches Bitcoin DeFi Solution
2020-04-14
Maker Foundation Faces New Lawsuit Demanding $28M for Black Thursday Liquidations
2020-04-14
Wirex Payments Platform Hits 3 Million Users, Becomes Profitable
2020-04-14
Gemini Adds Support for Dai, Chainlink and Orchid Trading This Month
2020-04-13
DeFi Sees Its Biggest Month Despite Coronavirus Outbreak
2020-04-13
Coinbase: Crypto Crash Created Rare Opportunities for Savvy Traders
2020-04-12
Bitcoin Below USD 7,000 Again, Altcoins Struggling to Recover
2020-04-12
Counterfeit Rubles, Major Lawsuits, and Security Issues: Bad Crypto News of the Week
2020-04-11
Academic Research Into Crypto Picks Up, But Universities Remain Hesitant to Fund
2020-04-11
Chainlink and Dai Will Soon Be Listed on Crypto Exchange Gemini, LINK Up Over 18%
2020-04-09
Here’s How the Crypto Sector Is Navigating the Pandemic’s Challenges
2020-04-08
What Makes DeFi Decentralized? Rune Christensen on Centralized Collateral and Decentralizing Make
2020-04-07
Rune Christensen: ‘Our Job Is to Support Whatever the Maker Community Decides’
2020-04-06
CZ Joins Virtual Conference BlockDown 2020 as All-Star Line-up Revealed
2020-04-04
Coinbase-Backed Crypto Rating Council Lists IOTA, BAT, and USDC
2020-04-04
Maker Foundation To Start Its Dissolution in Two Years
2020-04-03
These are the main factors to consider before investing in the cryptocurrency market
2020-04-03
A Crypto Venture Fund Bought the Most Tokens at MakerDAO’s Debt Auction
2020-04-01
Binance CEO and Akon, other big names to speak at BlockDown 2020 virtual conference on April 16-17
2020-04-01
Tether's Market Cap Surpasses $6 Billion; Sign of Investors Awaiting Market Recovery?
2020-04-01
Bitcoin And Altcoins In Corrective Decrease
2020-03-31
Ethereum May Not Be Able To Handle DeFi Workload: What It Could Mean for Decentralized Finance
2020-03-31
Tron Launches Djed, a Platform That Looks Suspiciously Like MakerDAO
2020-03-30
Book Review - CoinGecko’s ‘How to DeFi’
2020-03-29
Let's Talk Bitcoin! #432 How MKRs Stablecoin Survived the Crash, Smart Contract Bugs and Full Decentralization
2020-03-29
Digital Dollars, Bakkt CEO Scandal, & a Continuing Pandemic: Bad Crypto News of the Week
2020-03-28
Back From the Crypt: MakerDAO Toes the Line Between Life and Death
2020-03-27
Bitcoin Probing Crucial Resistance While Altcoins Start Rising
2020-03-27
Maker Decentralizes Governance, But is the Community Ready?
2020-03-26
MakerDAO’s Gustav Arentoft: Decentralization Is Not a Binary Choice
2020-03-24
Uniswap V2 Offers Better Price Feeds and Doubles Down on Flash Loan Concept
2020-03-24
MakerDAO’s Recent Trouble May Highlight Flaws In the Ecosystem
2020-03-24
MakerDAO's Storm Has Passed, but Community Still Faces Tough Decisions
2020-03-23
Bidders Pay Up to 24% Less for MKR in Phase Two of MakerDAO Auction
2020-03-23